Liquid Liabilities (Broad Money) for United States (DDOI07USA648NWDB)
https://fred.stlouisfed.org/series/DDOI07USA648NWDB
The units for this series are "Millions of 2000 Dollars".
This series is inflation-adjusted.
I didn't know.
Maybe the title should say?
Or maybe if I knew what "Liquid Liabilities" is, I would know?
Anyway, here's a comparison to the CPI and the GDP Deflator:
Graph #1 |