Prices went up because of this:
https://fred.stlouisfed.org/series/M1SL
What's your explanation for the mechanism? Because my understanding is that the M1 spike was largely an accounting rule change [0], not a "money printer go brr."
[0] https://collabfund.com/blog/the-fed-isnt-printing-as-much-mo...
alt Hacker News
What's your explanation for the mechanism? Because my understanding is that the M1 spike was largely an accounting rule change [0], not a "money printer go brr."
[0] https://collabfund.com/blog/the-fed-isnt-printing-as-much-mo...