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A comment on Tesla buys $1.5B in Bitcoin, may accept it as payment in the future. Parent comment

Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by npalli on Monday February 08, 2021 @10:12AM (#26065537)
A senior economist from FRED explained why there is the surge in M1. Basically a reclassification of parts of M2 in M1. Definitely not -- OMG end of Dollar, money printer going brrrr :-)

https://fredblog.stlouisfed.org/2021/01/whats-behind-the-rec...

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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ... by tedd4u on Monday February 08, 2021 @12:17PM (#26067328)
Came here to say just that. Still, M2 itself has also grown 20+% in one year.

https://fred.stlouisfed.org/series/M2

Yet consumer price indexes do not appear to have been greatly affected

https://fred.stlouisfed.org/series/CPILFESL

The dollar has however lost ~9% to the euro

https://fred.stlouisfed.org/series/DEXUSEU

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