ECB must borrow dollars to meet dollar US bank withdrawals
Started by
humble1
, Aug 13 2007 07:05 AM
12 replies to this topic
#11
Posted 13 August 2007 - 12:41 PM
my gosh i see i asked the right question to the right group. i am learning more important details every post !
#12
Posted 13 August 2007 - 03:16 PM
my gosh i see i asked the right question to the right group. i am learning more important details every post !
One more thing:
M3: M2 + all other CDs, deposits of eurodollars and repurchase agreements.
As of March 23, 2006, information regarding M3 will no longer be published by the Federal Reserve, ostensibly because it costs a lot to collect the data but doesn't provide significantly useful data[1]. The other three money supply measures will continue to be provided in detail.
Ho ho ho: The money supply as measured by M3 is disappearing into a black hole. CHECKMATE