The money supply also includes credit and cryptocurrency both of which weren't very big factors during the '70s and '80s. and of course, there are more securities being issued by more entities than just the Fed and corporations.
A collection of articles defining our times. The pages contain clickable links, don't let the titles fool you, some of the best articles have very non-descript titles and there are usually more articles on the matters in the days and week pages the links land on so it's a sort of treasure hunt through history, Enjoy!
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