Much of the increase was just banks relabeling their M2 money as M1. This happen... | Hacker News

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Aunche on April 30, 2021 | parent | context | favorite | on: Stock Market Returns Are Anything but Average

Much of the increase was just banks relabeling their M2 money as M1. This happened when banks stopped penalizing people from withdrawing from their savings account more 6 times a month.

imtringued on April 30, 2021 [–]

Yeah, it's annoying, it ruins the usefulness of the charts but it has no short term or long term significance.

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