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4ch infographic, don't know if true, but if it is, does it indicate massive rise inchinese middle class starting in 2001?

Up till covid bailouts, most of western government printing $ has been in the M3 supply. This keeps printing inflationary pressures down(some kind of law acting as a hard stop between m3 money and the rest). Obmmer's post MBS meltdown QE1+2+3, as examples. But the covid bailouts were different as western governments printed M1/M2 money.