Talk:True Money Supply
True Money Supply components
Did some changes like replacing the original article for one from Mises.org (no broken links and looks better), but kept the other link. Can someone please go through the listed components and compare them to the source article? I'm not sure they are a perfect fit... Pestergaines 09:27, 13 December 2010 (CST)
- Hopefully, with this series of edits, this is now fixed ;). Smith (talk) 07:10, 23 November 2014 (EST)
Some of this is redirected from the money talk page since it makes more sense here now.
I included a video as a citation, I do remember than Ed Griffin does explain explicitly at a certain point how the Federal Reserve's depository system for lending institutions works, and it really is just by keeping a digital account rather than printing the money. It only gets to the stage of physically printing the money when the bank issues such a request to the Federal Reserve. However, I forget at what point in the video it is said. So, either that time should be added to citation--or, even better--a citation to the page in Mr. Griffin's book should be added (I unfortunately do not have the book with me at the moment).
Also, there is a big question about 'excess reserves'. I am not sure if M Prime counts them, and so far as I look around, I think 'excess reserves' constitutes something that's still in debate and might even be 'original research' for the time being. I am not sure. Smith (talk) 07:09, 23 November 2014 (EST)
- Regarding excess reserves: no. https://en.wikipedia.org/wiki/Money_supply. They are not included in M2, so nope, they are not in TMS1/TMS2. Smith (talk) 07:33, 23 November 2014 (EST)
- Cool, I think that about covers it then.