Inflation Adjusted Performance: Ticker/M2 money supply

2022년 8월 2일

Plots current ticker / M2 money supply, to give an idea of 'inflation adjusted performance'.
~In the above, see the last decade of bullish equities is not nearly as impressive as it seems when adjusted to account for the FED's money printing.
~Works on all timeframes/ assets; though M2 money supply is daily data release, so not meaningful to plot this on timeframe lower than daily.
~To display on same pane; comment-out line 6 and un-comment line 7; then save, remove and re-add indicator.
~Scale on the right is meaningless; this indicator is just to show/compare the shape of the charts.

2022년 8월 3일

릴리즈 노트

option use US M2 or M1 money supply as denominator.
option to use Foreign country M2 supply (currently set for UK: GBM2); edit line 14 to add another country's M2.
option to plot US M2 and M1 money supplies themselves.