The M3 is Back


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.

Photobucket

The M3 isn’t nearly as bad as I had feared:
Photobucket

But don’t go rushing out and getting further into debt here is some not so good news:
Photobucket

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.

Advertisements
Published in: on June 14, 2009 at 9:28 pm  Leave a Comment  
Tags: , , , , ,

The URI to TrackBack this entry is: https://montanaiceweasel.wordpress.com/2009/06/14/the-m3-is-back/trackback/

RSS feed for comments on this post.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: