Note: M1 is not heavily followed or analyzed in the economics or finance world. It's frequently called narrow money and is basically cash and cash equivalents. Whereas most of the meaningful forms of liquidity in the economy exist as credit which doesn't get counted here but does get counted in M2(broad money)
So I'd recommend to check out M2 as a more meaningful way to think about USD money supply. M2 has also skyrocketed over the same period
Another interesting USD metric to track is the DXY, frequently referred to as the dollar index which comparatively tracks USD strength to a selected basket of currencies.
Counterintuitive, although M2 growth is through the roof along with inflation the dollar is very strong right now from the DXY perspective, which I would interpret as USD is less bad then a lot of others right now
So I'd recommend to check out M2 as a more meaningful way to think about USD money supply. M2 has also skyrocketed over the same period
https://fred.stlouisfed.org/series/M2SL
Another interesting USD metric to track is the DXY, frequently referred to as the dollar index which comparatively tracks USD strength to a selected basket of currencies.
Counterintuitive, although M2 growth is through the roof along with inflation the dollar is very strong right now from the DXY perspective, which I would interpret as USD is less bad then a lot of others right now
https://www.marketwatch.com/investing/index/dxy