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M1, a narrower measure of the money supply:
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M0, the monetary base (currency plus central bank reserves), the portion of the money supply directly controlled by the Federal Reserve:
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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.
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