Oh no! The experts told me that the record April inflation was a one time thing.
The dollar index also shows that the dollar is down ~10% in value since 2018-2020. Which is concerning, because the USA is the strongest economy so you would expect people to flee to the dollar in times of crisis, pushing up its value.
The M1 is visually deceptive because how it was calculated changed, leading to the spike. The M2 provides a better overview: https://fred.stlouisfed.org/series/M2SL
The dollar index also shows that the dollar is down ~10% in value since 2018-2020. Which is concerning, because the USA is the strongest economy so you would expect people to flee to the dollar in times of crisis, pushing up its value.