Escape Velocity with Lacy Hunt
The ACID Capitalist Podcast
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O-D-L Is a Superior Alternative to M2
M2 includes currency and money market mutual funds. O-D-L is actually the most money-ness component of M2. It's a superior alternative to M2, it constitutes about 80% of M1. If we were to put that in kind of cents and dollars,. are we talking about like $4 trillion of O- D-L? No. Well, M2 is about about 20 and O-d-L is in $16, $17 trillion range.
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