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A comment on Show HN: M1 Chart – The stock market adjusted for the US-dollar money supply. Parent comment

Re:Show HN: M1 Chart – The stock market adjusted for the US-... by dragonwriter on Saturday February 13, 2021 @08:25PM (#26128822)
> Federal Reserve can increase and decrease effective money supply as it pleases. Money supply does not determine the prices as we have learned over last two decades.

That's assuming, contrary to the motivation for loose monetary policy, that there wouldn't have been deflation without it. It's not loose money produces low velocity but loose money as a reaction to low velocity.

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Re:Show HN: M1 Chart – The stock market adjusted for the US-... by jkhdigital on Saturday February 13, 2021 @09:21PM (#26129097)
All this talk of velocity... starting to think we’ve reached terminal velocity for the consumption-based economy. That is, loose money is truly “pushing on a string” for advanced economies.
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