Item 1: Source: Antoni. Item 2: Source: Antoni. Not that the data are “wrong” (I’m not a data conspiracy theorist). Just without context, it’s pretty meaningless. Here’s what a relevant graph might show (motivated by the Quantity Theory): Figure 1: M2 to GDP (blue, left scale), M2 to GDPNow (10/18) (blue +, left scale), PCE … Continue reading Nonsensical Graphs that People Post