Re:Show HN: M1 Chart – The stock market adjusted for the US-...
by dragonwriter on Saturday February 13, 2021 @09:05PM
(#26129020)
> Federal Reserve can increase and decrease effective money supply as it pleases
It can adjust monetary base as it pleases, effective money supply of the type measured by M1 and M2 relies on market behavior which the Fed can't control as well as monetary base, which it can.
It can adjust monetary base as it pleases, effective money supply of the type measured by M1 and M2 relies on market behavior which the Fed can't control as well as monetary base, which it can.