M1 Money Multiplier Still Crashing: Each $1 Increase in Monetary …
Posted by thientu1984 in Uncategorized on 16-03-2010
Tags: economy, excess, federal, federal-reserve, financial, include-data, increase, monetary-base, money, money-multiplier, money-supply, still-crashing
The M1 money multiplier just slipped below 1. So each $1 increase in reserves (monetary base) results in the money supply increasing by $0.95 (OK, so banks have substantially increased their holding of excess reserves while the M1 money …











