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To: mishedlo who wrote (109725)	3/19/2010 7:59:47 AM
From: Little Joe	1 Recommendation Read Replies (1) \| Respond to of 116555

Money multiplier in free fall research.stlouisfed.org lj

To: mishedlo who wrote (109725)	3/19/2010 10:21:53 AM
From: philv	Respond to of 116555

Question: If someone borrows a million dollars from a bank, and places it in a current account, to be used say for a project later, is the money supply increased at that moment, even though it may be temporary, and ostensibly paid back later? If the borrowed funds is never paid back, what does that imply? If borrowed funds (debt) qualifies as money, would that not suggest that debt is like money? I know we had a conversation about debt/money before.

To: mishedlo who wrote (109725)	3/19/2010 10:58:21 AM
From: DebtBomb	1 Recommendation Respond to of 116555

1 in 7 houses in the U.S. now empty. finance.yahoo.com

To: mishedlo who wrote (109725)	3/19/2010 11:37:40 AM
From: Perspective	Respond to of 116555

Nice checkup on pricing power: businessinsider.com `BC

To: mishedlo who wrote (109725)	3/19/2010 2:21:13 PM
From: Hawkmoon	Read Replies (1) \| Respond to 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

To: mishedlo who wrote (109725)	3/20/2010 2:13:06 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 116555

One other point to defend my premise that there's little difference between checking "demand" deposits and savings accounts. All money that is deposited into a bank technically represents a loan to that bank. It's so identified as such by the fact that the bank pays interest on the money we have deposited. If checking accounts did not fall under this status, they wouldn't draw interest, right? So the way those demand deposits are being excluded from money supply is flawed, IMO. Hawk