Mind you, the government isn’t telling us it, but some people are still trying to calculate it as best they can from The fed’s own reports.
For anyone who doesn’t know what the M3 is, here is the Wiki definition:
* M3: M2 + large time deposits, institutional money-market funds, short-term repurchase agreements, along with other larger liquid assets. M3 is no longer published or revealed to the public by the US central bank. However it is estimated by a web site called Shadow Government Statistics.
If you don’t know what the M2 is you best read theWhole entry
Why should anyone care about the M3 you are asking. Well because the M3 and M2 strong inflation link is virtually unquestionable.
The M3 isn’t nearly as bad as I had feared:
But don’t go rushing out and getting further into debt here is some not so good news:
I got these charts at Now and Futures They have all kinds of economic information there, and are well worth the read if you have the time.
