“Even though we’re pushing through pricing, the consumer is tolerating it well,” he said in October analyst call.

normal way to talk about ‘fellow’ human beings

  • saintshenanigans@programming.dev
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    9 months ago

    I’m no financial analyst and im no good at all of the legal jargon, but aren’t the notes below this chart explaining they changed how they calculate this right around may 2020?

    Like I said, I’m illiterate when it comes to the technical side of this stuff, so I just googled and from what I’m gathering from this article below, the fed changed the rules for what defines a savings account so they’re almost the same as checking, and that caused them both to get reported in M1 and that’s the majority of that surge of cash.

    Feel free to correct me with better evidence, like I said again, I’m just trying to understand the legal wording here:

    https://collabfund.com/blog/the-fed-isnt-printing-as-much-money-as-you-think/