[lbo-talk] Discontinuance of M3

Doug Henwood dhenwood at panix.com
Tue Nov 15 14:26:46 PST 2005


John Adams wrote:


>What does this mean, left business observers?
>
>http://www.federalreserve.gov/releases/h6/discm3.htm
>
>On March 23, 2006, the Board of Governors of the Federal Reserve System
>will cease publication of the M3 monetary aggregate.

Not much. M3 is pretty useless.

Doug



More information about the lbo-talk mailing list