China just changed how they calculate M1 Money Supply
Same thing that the Fed did in 2020
Are they gearing up for a massive liquidity wave? 
Discussion
Yes.
China was waiting for the US dollar to break lower before rapidly increasing their money/credit supply.
Given their relatively low yields on government bonds and a relatively strengthening currency vs the US dollar, copious debasement is about to ensue from China. 🇨🇳
Among other things, this bodes well for #bitcoin in fiat price terms.
My goodness. They're going all in to fight demographics with the credit pump