Also that's the webpage being discontinued rather than M1 reporting itself being discontinued: https://fred.stlouisfed.org/series/M1SL
Also horrific data. A lot of the extreme increase in M1 though is from shifting of definition of what is M1 and what is non-M1 component of M2. (In other words, some previously non-M1 components of M2 were shifted to M1.)
And again, while M1 is still being reported (just on a different page with a definition change) a number of other M1-related things actually are no longer being reported by the St Louis Fed, such as M1 Money Multiplier (DISCONTINUED), Currency Component of M1 (DISCONTINUED),Total Checkable Deposits (DISCONTINUED), etc. https://fred.stlouisfed.org/categories/25
Also the webpage being discontinued rather than M1 reporting itself being discontinued: https://fred.stlouisfed.org/series/M1SL
Also horrific data. A lot of the extreme increase in M1 though is from shifting of definition of what is M1 and what is non-M1 component of M2. (In other words, some previously non-M1 components of M2 were shifted to M1.)
And again, while M1 is still being reported (just on a different page with a definition change) a number of other M1-related things actually are no longer being reported by the St Louis Fed, such as M1 Money Multiplier (DISCONTINUED), Currency Component of M1 (DISCONTINUED),Total Checkable Deposits (DISCONTINUED), etc. https://fred.stlouisfed.org/categories/25
Also the webpage being discontinued rather than M1 reporting itself being discontinued: https://fred.stlouisfed.org/series/M1SL
Also horrific data. A lot of the extreme increase in M1 though is from shifting of definition of what is M1 and what is non-M1 component of M2. (In other words, some components of M2 were shifted to M1.)
And again, while M1 is still being reported (just on a different page with a definition change) a number of other things actually are no longer being reported by the St Louis Fed, such as M1 Money Multiplier (DISCONTINUED), Currency Component of M1 (DISCONTINUED),Total Checkable Deposits (DISCONTINUED), etc. https://fred.stlouisfed.org/categories/25
Also the webpage being discontinued rather than M1 reporting itself being discontinued: https://fred.stlouisfed.org/series/M1SL
Also horrific data. One can also draw some double-plus-ungood conclusions from M2 minus M1 from the two links I've given, not shown directly but easily estimated.
What that means is that, in addition to inflationary M1 increase, time deposits, IRA, Keogh, and other retail MMF balances have gone to absolute hell.
And again, while M1 is still being reported (just on a different page with a definition change) a number of other things actually are no longer being reported by the St Louis Fed, such as M1 Money Multiplier (DISCONTINUED), Currency Component of M1 (DISCONTINUED),Total Checkable Deposits (DISCONTINUED), etc. https://fred.stlouisfed.org/categories/25
Also the webpage being discontinued rather than M1 reporting itself being discontinued: https://fred.stlouisfed.org/series/M1SL
Also horrific data. One can also draw some double-plus-ungood conclusions from M2 minus M1 from the two links I've given, not shown directly but easily estimated.
What that means is that, in addition to inflationary pressure, time deposits, IRA, Keogh, and other retail MMF balances have gone to absolute hell.
And again, while M1 is still being reported (just on a different page with a definition change) a number of other things actually are no longer being reported by the St Louis Fed, such as M1 Money Multiplier (DISCONTINUED), Currency Component of M1 (DISCONTINUED),Total Checkable Deposits (DISCONTINUED), etc. https://fred.stlouisfed.org/categories/25
Also the webpage being discontinued rather than M1 reporting itself being discontinued: https://fred.stlouisfed.org/series/M1SL
Also horrific data. One can also draw some double-plus-ungood conclusions from M2 minus M1 from the two links I've given, not shown directly but easily estimated.
What that means is that, in addition to inflationary pressure, IRA, Keogh, and other retail MMF balances have gone to absolute hell and instead been driven to M1 cash. That can't be good.
And again, while M1 is still being reported (just on a different page with a definition change) a number of other things actually are no longer being reported by the St Louis Fed, such as M1 Money Multiplier (DISCONTINUED), Currency Component of M1 (DISCONTINUED),Total Checkable Deposits (DISCONTINUED), etc. https://fred.stlouisfed.org/categories/25
Also the webpage being discontinued rather than M1 reporting itself being discontinued: https://fred.stlouisfed.org/series/M1SL
Also horrific data. One can also draw some double-plus-ungood conclusions from M2 minus M1 from the two links I've given, not shown directly but easily estimated.
What that means is that, in addition to inflationary pressure, IRA, Keogh, and other retail MMF balances have gone to absolute hell.
And again, while M1 is still being reported (just on a different page with a definition change) a number of other things actually are no longer being reported by the St Louis Fed, such as M1 Money Multiplier (DISCONTINUED), Currency Component of M1 (DISCONTINUED),Total Checkable Deposits (DISCONTINUED), etc. https://fred.stlouisfed.org/categories/25
Also the webpage being discontinued rather than M1 reporting itself being discontinued: https://fred.stlouisfed.org/series/M1SL
Also horrific data. Even moreso. Quite insane.
And again, while M1 is still being reported (just on a different page with a definition change) a number of other things actually are no longer being reported by the St Louis Fed, such as M1 Money Multiplier (DISCONTINUED), Currency Component of M1 (DISCONTINUED),Total Checkable Deposits (DISCONTINUED), etc. https://fred.stlouisfed.org/categories/25
Also the webpage being discontinued rather than M1 reporting itself being discontinued: https://fred.stlouisfed.org/series/M1SL
Also horrific data.
And again, while M1 is still being reported (just on a different page with a definition change) a number of other things actually are no longer being reported by the St Louis Fed, such as M1 Money Multiplier (DISCONTINUED), Currency Component of M1 (DISCONTINUED),Total Checkable Deposits (DISCONTINUED), etc. https://fred.stlouisfed.org/categories/25
Also changed over do a different webpage rather than discontinued: https://fred.stlouisfed.org/series/M1SL
Also horrific data.
And again, while M1 is still being reported (just on a different page with a definition change) a number of other things actually are no longer being reported by the St Louis Fed, such as M1 Money Multiplier (DISCONTINUED), Currency Component of M1 (DISCONTINUED),Total Checkable Deposits (DISCONTINUED), etc. https://fred.stlouisfed.org/categories/25