Posted 11/8/2023 08:12 (#10473390 - in reply to #10473326) Subject: RE: M2 vs M1 Money supply
I'd still favor M2 because with 5%+ opportunities out there in CDs and MM, it makes sense for M1 to drift lower. M2 better shows actual buying power still. At a 0% fed funds environment I agree more with your last statement.