So the narrative for GME, a brick and mortar store that has been closing down shops since the start of the Big Coof, is that a community of traders all agree to buy the stock and its calls, forcing price to go up and MMs/dealers to purchase shares themselves to hedge against exercised calls.
What the chart is: GME share price divided by the M1 money supply.
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
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