Comment

Comment by Detrytus

Yes, M1 money supply did quadruple in a short time, you can see it on one of the FED banks site:

https://fred.stlouisfed.org/series/M1SL

Fortunately, the result was "asset inflation", i.e. most of that money went to stock market raising stock prices. That's why consumer goods inflation was so low.

parent Detrytus 2 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton