The Fed's Pumping in So Much Money That It Makes M Two Shoot Way Up

Gyan: People are not so happy about retail money market funds, and so maybe only some of them get into that. And so as the fed pushes aggressively on that end, i think what you would see in thea is m zero and m one would shoot way up, whereas m two would not. So now you g fass forward to the corona viros panic. There, de fed was inject all sorts of money. So m zero increases. If you just looked at a chart of m two, you wouldn'thave thoght anything special happened in two thousand nine, two thousand ten. Gyan.: The story i just told kind of explains that pattern.