The M1 Money Multiplier, after a slow 23 year decline, fell off a cliff in Oct 2008.
Since then, it has gone nowhere.
Looks like a very, very sick economy.
Tuesday, November 5, 2024 Michael Hobin
14 hours ago
This should be the best time of life, but . . . (instead, we are become flaming squid huggers)
Look: I am eager to learn stuff I don't know--which requires actively courting and posting smart disagreement.
But as you will understand, I don't like to post things that mischaracterize and are aimed to mislead.
-- Brad Delong
1 comment:
Thanks for this chart, sweetheart.
I'd been thinking about putting it up myself.
And I'll be linking to it.
Soon.
Thanks again!
S
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