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Replying to Avatar notmandatory

Anyone know why the FRED removed savings deposits from their M2 stats. in May 2020? Right before that change it looks like M2 as going vertical. Is there any way to compare what current M2 would be like with/without this change?

https://fred.stlouisfed.org/series/M2SL

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Bill Cypher 1mo ago

The new metric is also going climbing pretty fast. Time for another "adjustment"

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