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Rising Money Supply and the Economy

Posted on July 02, 2008

In early 2006, a friend of mine named Mike wrote to me saying he was worried about the Federal Reserve's decision to stop publishing M3 money supply statistics. He thought it could be a prelude to inflation and trouble for the stock market.The M scale is a way of measuring money, proceeding from M0 on the narrow end of cash to M3 on the wide end including foreign deposits. Here's how they stack up:...

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economy , federal reserve , inflation , money supply