US M1 Money Stock Growing At 357% Year-Over-Year With Velocity Of 1.22

Source: https://www.investmentwatchblog.com/mml-us-m1-money-stock-growing-at-357-year-over-year-with-velocity-of-1-22-m2-growing-at-27-1-year-over-year-with-velocity-of-1-135/
Published: Apr 2, 2021
Author: staff
Post Date: 2021-04-02 20:13:52 by Horse
Views: 129

MML stands for Modern Monetary Lunacy.

M1 money stock is growing at a whopping 357% year-over-year as M1 velocity has collapsed to an anemic 1.22.

Oct. 2019 3,924.0

Feb. 2021 18,299.2 = 466& increase in M1 Money Supply. The FED no longer reports growth in M1 Money supply for some reason.

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#1: Horse    To: All (#0)

That is 466% increase in Money Supply from Oct 2019 to Feb 2021.

Horse posted on 2021-04-02 20:15:57   Reply   Private Reply