Difference between revisions of "2005-11-10 Discontinuance of M3"
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| − | <let name=data index=Date>2005-11-10 | + | <let name=data index=Date>2005-11-10</let> |
<let name=data index=Topics>\US economy\US Federal Reserve</let> | <let name=data index=Topics>\US economy\US Federal Reserve</let> | ||
| − | <let name=data index=URL>http://www.federalreserve.gov/releases/h6/discm3.htm | + | <let name=data index=URL>http://www.federalreserve.gov/releases/h6/discm3.htm</let> |
<let name=data index=Title>Discontinuance of M3</let> | <let name=data index=Title>Discontinuance of M3</let> | ||
<let name=data index=Text>“On March 23, 2006, the Board of Governors of the [[US Federal Reserve|Federal Reserve System]] will cease publication of the [[M3 monetary aggregate]]. The Board will also cease publishing the following components: large-denomination time deposits, repurchase agreements (RPs), and Eurodollars. The Board will continue to publish institutional money market mutual funds as a memorandum item in this release.” "George Washington's Blog" [http://georgewashington.blogspot.com/2008/03/root-of-economic-crisis-dishonesty.html reports this] indicator (presumably referring to the M3) as "the size of the money supply"; is this accurate? If so, GWB's contention that this was specifically to hide vast new quantities of money being printed to shore up the [[US economy]] may be on target.</let> | <let name=data index=Text>“On March 23, 2006, the Board of Governors of the [[US Federal Reserve|Federal Reserve System]] will cease publication of the [[M3 monetary aggregate]]. The Board will also cease publishing the following components: large-denomination time deposits, repurchase agreements (RPs), and Eurodollars. The Board will continue to publish institutional money market mutual funds as a memorandum item in this release.” "George Washington's Blog" [http://georgewashington.blogspot.com/2008/03/root-of-economic-crisis-dishonesty.html reports this] indicator (presumably referring to the M3) as "the size of the money supply"; is this accurate? If so, GWB's contention that this was specifically to hide vast new quantities of money being printed to shore up the [[US economy]] may be on target.</let> | ||
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[[category:batch edit/v1 to v2]] | [[category:batch edit/v1 to v2]] | ||