Quote (HeLiCaL @ Oct 30 2022 05:31am)
My extremely limited and ignorant understanding, per Google searches, is that this is misleading. Yes, a significant amount of USD has been printed in the past 2 years; however, the massive spike in reporting seems to be because the federal government changed how it assessed/reported M1 and M2 money supplies.
I'm not knowledgeable enough to actually explain it properly, but searching whether this factoid is true, false, or misleading was very illuminating.