Here is an update on the M1 money multiplier and the MZM money multiplier. Not much change in the series. Is this the new normal for money multipliers? (Click on figures to enlarge.)
The M1 multiplier is in a modest downtrend -- and has been since the mid-1980s. I would like to see the multiplier for M2, but I don't see it at the FRED database.
The M1 multiplier is in a modest downtrend -- and has been since the mid-1980s. I would like to see the multiplier for M2, but I don't see it at the FRED database.
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