The Federal Reserve has discontinued the weekly release of money supply data and you should be very worried

In 2006, the Fed decided to abort publishing the M3 stock, dismissing it as "irrelevant and not being part of monetary policies for a long time"But the truth was, M3 was increasing at a much more alarming rate (nearly 2x) than M2 following the dot-com bailouts in the early 2000s. Just as the Fed and pro-administration pundits habitually make sure to focus on whatever consumer price measure increases the least to play down inflation, the Fed wanted to divert public attention towards a money supply measure which was increasing at a relatively lesser rate at the time - the M2 stock.We all know what happened 2 years later.Now fast forward 15 years, this is what M1 and M2 look like​M1 Money Stock​M2 Money StockAs you can see, M1 stock, which is all the loose money in active circulation plus your checking bank deposits, is melting faces and going to the moon!M1 has risen from $4 trillion to $18 trillion from March 2020 to February 2021.M2, which is M1 plus savings deposits and funds, is up as well but not as much. This is a clear indication that people have been forced to abort saving/investing.Both these metrics are a bad look for the economy. So for the time being, the Fed has stopped the weekly release of this information while they figure out how to spin this in their favor just like they did in 2006. Again, we know what happened 2 years later. via /r/Bitcoin https://bit.ly/3ps00ud