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Title: M1 Money supply (Scarry)
Source:
[None]
URL Source: [None]
Published: Apr 2, 2010
Author: US Federal Reserve
Post Date: 2010-04-02 00:43:55 by Nebuchadnezzar
Keywords: None
Views: 114
Comments: 6
(1 image)
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#1. To: Nebuchadnezzar (#0)
What is current velocity of M1?
Do you contest the graph?
What image? All I have is a box with an X in it. M1, i.e, demand account money, is only as good as its velocity...M2 and M3 are more important.
Didn't the fed stop tracking M3? I suspect you're using IE instead of FF for your browsing.
The FOMC stopped using it as a predictive tool. I pointed out back in the mid90's that M3 was useless because Greenspan was more interested in manipulating currency in demand, which he kept at bare bones and that act had a lot to do with why derivative credit sources were created.
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#2. To: war (#1)
#3. To: Nebuchadnezzar (#2)
(Edited)
#4. To: war (#3)
(Edited)
#6. To: Nebuchadnezzar (#4)
Replies to Comment # 6.
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