And M1 Means What??

Porkopolis Economics: Episode 156

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Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.

M1 = M0 + Demand deposits. In 2020, the Federal Reserve discontinued M1 to the way it has always been published because they saw no legal difference between Demand deposits (included here in M1) versus Savings deposits (included in M2). This is folly, as it prevents us from viewing backward-compatible money supply data. I have reconstructed a proxy of the USA M1 money supply in this video.

Here is a prior episode that discusses how the Fed discontinued the old M1 money supply during Covid: https://www.youtube.com/watch?v=lm8x7uXZcJ8

Contents:
00:00:00 - Explaining M0 and M1 Money Measures
00:00:58 - Understanding the Monetary Aggregates: M0, M1, M2, and M3
00:02:39 - The Evolving Money Supply and Federal Reserve Changes
00:04:59 - The Federal Reserve's Changing Money Supply Metrics
00:06:22 - The Disparity Between Bank Deposits and Reserves
00:08:41 - Banking Assets and Liabilities
00:10:22 - The Changing Role of the Federal Reserve in Banking

Host: Matthew Mezinskis
https://porkopolis.io
Twitter: https://x.com/crypto_voices?lang=en

Show content is not investment or financial advice in any way.