SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mishedlo who wrote (109725)3/19/2010 2:21:13 PM
From: Hawkmoon  Read Replies (1) of 116555
 
The answer depends on the definition of money supply. ....

Good summation of the problem in defining money supply.

However, I continue to disagree with you about savings accounts not being counted as demand deposits. The REALITY TODAY is that they are just as available for withdrawal as any checking deposit with no penalty for withdrawal.

In fact, even cracking a CD, which might incur a penalty, doesn't take that many days.

I also wonder if credit card available limits should be counted as money supply? After all, that credit limit is immediately available for exchange (purchases).

They may carry a zero balance, or pay it off every month, but their credit limit is immediately available for transactions.

Hawk
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News