To: Mariner
“Commodities, Stock Market and Bank Reserves.”
I would agree with you if we were talking M2 or M3. But I’m not. M1 is the total currency held by people outside of banking institutions plus checking accounts. And M1 has been going up hugely as compared to M2.
90 posted on
04/24/2011 12:16:28 PM PDT by
RKBA Democrat
(Repudiate the national debt)
To: RKBA Democrat
"And M1 has been going up hugely as compared to M2"
Can you cite a source for that? I find it fascinating if so.
Not a challenge, just a request to be edified:)
101 posted on
04/24/2011 12:29:09 PM PDT by
Mariner
(USS Tarawa, VQ3, USS Benjamin Stoddert, NAVCAMS WestPac, 7th Fleet, Navcommsta Puget Sound)
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