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Is the Fed hiding something? Why weekly money supply data just got discontinued – Steve Hanke

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The Federal Get lately discontinued upgrading the M1 and also M2 once a week money supply series and also is rather updating the series monthly.

Steve Hanke, professor of Applied Business economics of Johns Hopkins University, stated that this change mirrors a modification in mindset from the globe's biggest reserve bank on the significance of looking at cash supply.

0:00 – Money supply information discontinued
7:09 – Modification in financial plan as well as top priorities
10:21 – Inflation assumptions
16:00 – Is CPI precise?
18:05 – Modern Monetary Concept

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Is the Fed hiding something? Why weekly money supply data just got discontinued – Steve Hanke

The Federal Reserve recently discontinued updating the M1 and M2 weekly money supply series and is instead updating the series monthly.

Steve Hanke, professor of Applied Economics of Johns Hopkins University, said that this change reflects a change in attitude from the world’s largest central bank on the importance of looking at money supply.

0:00 - Money supply data discontinued
7:09 - Change in monetary policy and priorities
10:21 - Inflation expectations
16:00 - Is CPI accurate?
18:05 - Modern Monetary Theory

__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

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