How money actually works · Lesson 6 of 10
What is M2, and should I care?
M2 measures quantity, not willingness to spend.
About 9 minutes · Foundation
What to take away
- The series is published and free to read.
- Quantity alone does not mechanically set prices.
- 2008 and 2020 both grew M2 with very different results.
Why this lesson is written this way
Each point above is checkable. Where the subject is genuinely disputed — the causes of inflation, the future of the dollar's reserve role, whether current debt levels are sustainable — the lesson states both readings rather than choosing quietly for you. Nothing here predicts a price, because nobody can.
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