US inflation slows to 6.4%, but price pressures re-emerge

[roamer65]

6. It's hard to kill inflation when u increase the money supply by 50 plus percent.

We are now experiencing higher inflation due to the massive QE early in the pandemic.

Too much actual money chasing too few goods and services.

https://fredblog.stlouisfed.org/2021/05/savings-are-now-more-liquid-and-part-of-m1-money/?utm_source=series_page&utm_medium=related_content&utm_term=related_resources&utm_campaign=fredblog

That blue line tells the truth on basic M1. From about $4T to $6.5T. The Fed lumped in all savings deposits into a reworked M1 to try to hide what they did to basic M1.