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echo: fidonews
to: ALL
from: WAYNE HARRIS
date: 2020-08-13 10:18:00
subject: on the US monetary supply

Here's the last report on the monetary supply, say M1 and M2.

  https://www.federalreserve.gov/releases/h6/current/h6.pdf

You can see from March to June a considerable increase in M2.  If we
take an entire year (say August 2019 to August 2020), that's roughly a
20% increase, about a 4 trillion increase.  This seems to be the
COVID-19 stimulus.

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* Origin: nntps://news.fidonet.fi (2:221/6.0)

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