M1 Chart
Finance and crypto
stock market charts
SHOW HN2021
How HN took it
4 positive, 7 neutral or asking, 0 mixed, 8 critical, out of 19 comments about the project. Thread score -0.12.
Idea: 4 for, 8 against
The thread, comment by comment
Each row is a top-level comment and its replies, in HN's order. Select a cell to open that comment on HN.
positive neutral or mixed critical about another commenter or something else the maker
What HN said
What people liked
Useful visual of recent money printing
From 1 comment
Oversimplified, but a very good visual representation of the scale of recent money-printing. MMT is being tried in realtime, even as the debate roundly defeats it.
Wolfenstein98k on HN
Adds M2-adjusted view alongside M1
From 1 comment
at least the author also provides the m2-adjusted, though it's not quite billed. you don't end up with the narrative that money printing was the entirety of equities performance…
gimmeThaBeet on HN
Objections
M1 normalization is not meaningful because dollar price also depends on demand
From 1 comment
Mainstream economists know that CPI isn't accurate because of changes in demand. So they created other indicators (like chained CPI [0]) to account for changes in the basket of…
tylerhou on HN
Monetary base or M2 would be a better measure than M1
From 1 comment
> I think our current method of measuring inflation against the CPI is nonsense, It's not nonsense for policies that are directly concerned with consumer prices, which most that…
dragonwriter on HN
Money supply does not determine prices; velocity and other factors matter
From 1 comment
This is very confused "Internet economics" take on the issue. Money in band account that is not used is just a number. As Fed puts more money into the economy, the velocity of…
nabla9 on HN
Requests
Add monetary base option
From 1 comment
> I think our current method of measuring inflation against the CPI is nonsense, It's not nonsense for policies that are directly concerned with consumer prices, which most that…
dragonwriter on HN
Make the M1-adjusted label clearer in the dropdown
From 1 comment
If the red line is the "M1-adjusted" price I would suggest having the "-adjusted" as part of the dropdown box, or some other way of making that more obvious. At first I thought…
FartyMcFarter on HN
Questions
Why adjust by USD money supply at all
From 1 comment
Why would you adjust for usd money supply? The only reason my (uninformed) self sees is that it’s arbitrary but fits a fiscal Hawk narrative. Fwiw I’m worried about inflation,…
sf_rob on HN
What do the crossing points of the two lines mean
From 1 comment
What are the various interpretations when these two line charts cross? Are they expected or not expected to cross to a great extent?
jzer0cool on HN
Alternatives named
Gold-denominated S&P 500 chart by macrotrends
From 1 comment
Here's the S&P 500 in "real money" that is, gold, over the past century: https://www.macrotrends.net/1437/sp500-to-gold-ratio-chart I was looking at that earlier today to try to…
eloff on HN