OPEN-SOURCE SCRIPT
Credit Creation Degree_Debt/M1 [Xiaolai(Sean) Chen]
Reflect on my previous script "Credit Creation Degree" which is M2/M1 money stock value is the reflection of the degree of credit created which was mentioned by Ray Dalio in his 30 min video "How the Market and Economic Machines Work"
This is another option which compares the Federal Government Debt: Total domestic debt with M1 Money stock
Credit degree will finally decrease in the Long-Term Debt circle.
This is another option which compares the Federal Government Debt: Total domestic debt with M1 Money stock
Credit degree will finally decrease in the Long-Term Debt circle.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.