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This is the twenty-third installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.
Contents
00:00 Intro
00:22 Money supply "stack"
03:30 M1 - Porkopolis reconstructed
05:30 M1 - Fed Fed discontinued
08:50 M0 - Cash outside bank vaults
09:10 Sight (demand) deposits
10:45 M0 Money vs. M1 Money
13:30 Do bitcoins fit in here? Only a little...
18:30 Remember, M0 is not the Monetary Base
19:54 Are demand deposits problematic?
Here we look at the classic "narrow money" supply: the M1 money stock, in the United States. We also compare the two components of M1 (M0 and demand deposits) and see what that tells us about the economy and monetary usage.
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Show content is not investment or financial advice in any way.