US M3 deflated too in 2023. However, I prefer to track global M2, it has such a high correlation to bitcoin price. https://image.nostr.build/a118b92db6dfac2f79be091c851df15d731cae9e90a2bd48f7ab613ed5c44a3c.png https://image.nostr.build/3197089e9cbe0c3ad5851a5d55fb0632bfe8826748273c17759f3545fa557203.jpg https://image.nostr.build/a7653c92872a89c3aa4ef5462a2eafd502f61828c00395c2562b9b6f56f4eeaa.png https://image.nostr.build/39be0f34c1a358d6142b69d03e775922ccf838b42b62a242790ac3b3a357b65f.jpg