MML: US M1 Money Stock Growing At 357% Year-Over-Year With Velocity Of 1.22 (M2 Growing At 27.1% Year-Over-Year With Velocity Of 1.135)
by confoundedinterest17 MML stands for Modern Monetary Lunacy. M1 money stock is growing at a whopping 357% year-over-year as M1 velocity has collapsed to an anemic 1.22. M2, a broader measure of money, is growing at 27.1% year-over-year with a dismal …