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End the Fed

Started by Kat Kanning, October 27, 2008, 01:02 PM NHFT

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41mag

Quote from: telomerase on October 28, 2008, 05:14 PM NHFT
They just printed M1 up another 200 billion... that's almost 50% increase in a month.

http://research.stlouisfed.org/fred2/series/BASE?cid=124

Looks like the Mogambo Guru was an optimist.
So when do they stop computing M1 & M2?

John Edward Mercier

They don't. 
The M1 is made up of a Currency component (coined and printed money) and Demand Deposits component (checking accounts/etc). While the M2 includes M1 plus other timed-deposits. Its part of the enacting legislation for supposed transparency...

At the bottom of the chart if you link to the source (Federal Reserve Bank of St. Louis)...
then link to Economic Data-FRED in the toolbar at the top... click Monetary Aggregates in the right column.
Then one of the categories...

It gives you access to the various charts.