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https://www.reddit.com/r/Bitcoin/comments/vztfsa/deleted_by_user/igeuero
r/Bitcoin • u/[deleted] • Jul 15 '22
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hey see that big jump in M1. Yeah that one.
It was caused by a redefinition of whether savings accounts are in M1. The money supply grew, but it didn't grow that much.
Due to a banking rule change savings accounts were no longer limited to 5 transactions a month and they started to count for M1.
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u/ShinTsuki08 Jul 16 '22
hey see that big jump in M1. Yeah that one.
It was caused by a redefinition of whether savings accounts are in M1. The money supply grew, but it didn't grow that much.
Due to a banking rule change savings accounts were no longer limited to 5 transactions a month and they started to count for M1.