You might want to read that footnote about the definition of M1 changing at May 2020
Just odd. Why would you change a definition in the middle of an existing chart... Just call it M1a or M11 and add a new chart.
Curious what is really going on that I'm not supposed to understand.
Yeah, because the end result is people pointing to it as though it's some extraordinary change. My guess would be it was easier and they're lazy bureaucracy.
Ok thanks for pointing out.
A high amount of money was printed in that exact timeframe though.