![equities - What drives the difference between M1 & M2 money supply (in the US)? - Quantitative Finance Stack Exchange equities - What drives the difference between M1 & M2 money supply (in the US)? - Quantitative Finance Stack Exchange](https://i.stack.imgur.com/uaO5P.jpg)
equities - What drives the difference between M1 & M2 money supply (in the US)? - Quantitative Finance Stack Exchange
![Adam Tooze on Twitter: "Comparing M2 money supply expansion in US v. Europe one would be a tad surprised if there was not at least some adjustment in exchange rates in 2020. Adam Tooze on Twitter: "Comparing M2 money supply expansion in US v. Europe one would be a tad surprised if there was not at least some adjustment in exchange rates in 2020.](https://pbs.twimg.com/media/EfuFHtCWsAExiLE.jpg)
Adam Tooze on Twitter: "Comparing M2 money supply expansion in US v. Europe one would be a tad surprised if there was not at least some adjustment in exchange rates in 2020.
![Twitter 上的Goldmoney Research:"U.S M2 money supply is at the highest growth rate on record. https://t.co/SoWpgiQVm9" / Twitter Twitter 上的Goldmoney Research:"U.S M2 money supply is at the highest growth rate on record. https://t.co/SoWpgiQVm9" / Twitter](https://pbs.twimg.com/media/EZR-gEnWkAUrhtF.png)