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  • on the US monetary supply and COVID-19 stimulus

    From Wayne Harris@2:221/6 to All on Thursday, August 13, 2020 10:21:46
    Here's the last report on the monetary supply, say M1 and M2.

    https://www.federalreserve.gov/releases/h6/current/h6.pdf

    You can see from March to June a considerable increase in M2. If we
    take an entire year (say August 2019 to August 2020), that's roughly a
    20% increase, about a 4 trillion increase. This seems to be the
    COVID-19 stimulus.

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    * Origin: nntps://news.fidonet.fi (2:221/6.0)