If you try to track money supply and velocity, it looks like the fed has discontinued tracking these data points. Website I use is fred.stlouisfed.org
Shouldn’t this be illegal to hide from constituents how much money they are printing and what the velocity of the money is?
And is there a .win community that is more specific to this info so I don’t have to get on Reddit wallstbets? I would love to shine a light on this though
This is VERY interesting. I have been a student of VOM and M1-3 supply stats for decades. The VOM stat is a hidden 'tell' on the future state of an economy. The fact they quit posting could mean quite a few things, but some serious possibilities are ... not in order of importance or significance: 1. They just have no idea how much M1-3 is in the float anymore; 2. They know and don't want anyone to know the actual for fear of triggering a market panic; 3. They are moving to a new currency (digital), and we just don't know it yet; 4. They are late to report; 5. Crypto has seriously fucked up their ability to 'balance' their analysis ... they can't get the velocity; supply; and 'burn-rates' to account within their margin of error. They monitor all kinds of fiat denominated asset classes. When the private sector reports monetary movement (bank account debits and credits) they likely report deposits or expenditures that were executed with crytpo (Bitcoin mostly) as USD, when it really wasn't. That makes 'ledger balancing' impossible ... assets are moving around but actual USD is not ... 'Ghost Economics'.
I personally think its BOTH 4 and 5. Can't balance, won't report.