masaccio commented on the blog post Economics for Progressives
Thanks, I missed that; I hope I can remember that going ahead. I’ll see if I can add that chart.
I’m looking at the log scale chart for M2 at FRED, which I can adjust to log scale, and it’s about the same, only a little flatter as you would expect. Here’s a link: http://research.stlouisfed.org/fred2/graph/?chart_type=line&s1id=M2NS&log_scales=Left
Note that the ranges for the two are about the same, about $5 trillion. On balance, I’d say the shapes are the important thing.