I've never seen this on the ""National"" Debt Clock....
I wonder what it means, or signifies....
(media.greatawakening.win)
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Everyone here may not know what M2 is.... I myself have not used it in a while amd will have to look it up..
I know it as meters squared and an M.2 drive for a computer, but that's it.
Think of it as the slush money - i.e. how much actual money is sloshing around in the system.
If lending slows and they stop printing new money (for example) then that alone could cause this figure to drop below that of last year.
It doesn't mean it's going in reverse, it just means more cash is locked up in things vs. how much is being printed.
I think that's right, I await someone with more knowledge to chime in - although I think the ChatGPT responses in this thread are very helpful.
When someone asks me how many cheeseburgers I want I say 'mmmmtwo'.
I know it has something to do with the banking model.. I.e, Fed Reserve money into regional Clearing banks, then into other banks (consumer banks which have to maintain x reserves on loans of y*x...