I am very interested in looking at the data for M1 from the year 2004-2010.

Before we attempt this, we should investigate is how actions of the Federal Reserve impact M1.

To attempt this we must first understand the balance sheet of the Federal Reserve.

Let's begin by reading through these two articles:

https://www.investopedia.com/articles/economics/10/understanding-the-fed-balance-sheet.asp

https://libertystreeteconomics.newyorkfed.org/2017/07/how-the-fed-changes-the-size-of-its-balance-sheet.html

If you have questions or comments about these articles please post them in the Assignment 4 thread in the Assignment forum.