![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi2vKSbgC_Ilreff_b2iwHehKqVKsLLer0358wPYW_xo5oD-8VbNs8hr3F49VOuj5eO2S9qrv0L637hbOUTXfweP0OR7w-fQzQHD9UsjMqeTQ8M7oGWOU3jVi6Ch4K1YjT_tonAVd8qyA/s400/M2_Max_630_378.png)
M1, a narrower measure of the money supply:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhmluWRejejrstTtiry9NY4tLz_Zf0e1O-wAUCwb3kW8TeXymYlkpcPEOHMBna5VaduOGC4KuYRG5aUGqGfOcRdT79w85l4BtvFq5dkrDqHaxyABaLxdU-mnFkP2NCsmJVD_FNFI37lZQ/s400/M1_Max_630_378.png)
M0, the monetary base (currency plus central bank reserves), the portion of the money supply directly controlled by the Federal Reserve:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiWf_F-xvyQxbfqUICCiU6xhgLqFTQMmNZ9ciigqC_aMjshEFD-TJmRaYL_5-VtXg0v1zyIKbcLOSHfpufi7fCSsLA-22XHlMZ_wqocwxoPHs4_hT3CZDUHDSnRvqdu0vS6zs5WlF1AFQ/s400/BASE_Max_630_378.png)
The Fed helicopters are a-flyin'!
Blog topics include politics, economics, housing, and the stock market.
James Parsons
Washington, D.C. area, USA
I'm a classical liberal, because I believe a system of personal freedom and free enterprise leads to greater human well-being than other legal and economic systems.
I am the webmaster for JP's Real Estate Charts, Stoxford Stock Charts, and The Libertarian Quiz.
No comments:
Post a Comment