| Title: | Market Investing |
| Moderator: | 2155::michaud |
| Created: | Thu Jan 23 1992 |
| Last Modified: | Thu Jun 05 1997 |
| Last Successful Update: | Fri Jun 06 1997 |
| Number of topics: | 1060 |
| Total number of notes: | 10477 |
Earlier this week I caught the last half of a story on the Nightly Business Report where I think they said that the Fed will no longer publish money supply statistics. I don't know if I heard this correctly or when they will implement it. Did anyone see this story or have they read anything similar? What would happen (both positive and negative) if they stopped publishing these statistics?
| T.R | Title | User | Personal Name | Date | Lines |
|---|---|---|---|---|---|
| 554.1 | M2 vs open market review | VINO::FLEMMING | Have XDELTA, will travel | Sat Aug 21 1993 06:48 | 15 |
It wasn't that they would stop publishing money supply statistics
but that they would stop basing policy on money supply statistics
(M2 in particular). The stated reason was that it no longer reflects
the flow of money since many things aren't included in it which have
dramatic influences on the economy with interest rates so low.
What effect will it have? Well, I sort of agree with the Fed about
M2 but they seem to have replaced it with a crystal ball and based
on recent experience, the Fed's stated policies based on M2 have
been pretty crumby so why should we expect better results based on
fuzzy, smokey, cracked crystal balls. Its sort of like the witches
meeting in Salem to determine our foreign policy (but then, I guess
there's a possibility that that's happening this weekend anyway -
Salem is only an hour away from Martha's Vineyard).
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| 554.2 | Money Supply: M2, M3... what is it? | ZENDIA::FERGUSON | Red X | Thu Feb 24 1994 09:38 | 4 |
Could someone explain the money supply system. I read about the M2 and M3 a lot. What are these? Is there an M1? How do these tie into economics? thanks | |||||