the M1 money supply is the vast majority of the m2 supply in 2020, it was 18 trillion and peaked at 21 trillion and then went down to 19.5 trillion. That’s not “80-90%”. That’s 16.67%
And once again:
The increased money supply caused rampant and near catastrophic inflation that is the root of today’s affordability crisis.
I was referring to M1 https://fred.stlouisfed.org/series/M1SL
It looks like they have since clarified that they changed the definition without making a new graph, obfuscating the data
You’re still wrong.
the M1 money supply is the vast majority of the m2 supply in 2020, it was 18 trillion and peaked at 21 trillion and then went down to 19.5 trillion. That’s not “80-90%”. That’s 16.67%
And once again:
The increased money supply caused rampant and near catastrophic inflation that is the root of today’s affordability crisis.
So do you get the point yet?
The graph clearly goes from 4 trillion to over 20 trillion and I have already found why, clearly you didn’t even click on it. That is 80%