Money Makes The Mare Go, from George Zachar

This graph shows moonshot one-year growth of Money of Zero Maturity, a proxy for money supply.
Jeremy Smith adds:
In contrast to this, the year-over-year change in the real Monetary Base has been negative lately.
Bill Rafter explains:
Yes, Monetary Base growth is still hugely negative. But George is also correct that MZM growth is hugely positive. The missing connection is lag. MZM significantly leads Monetary Base.