Posted on 07/27/2006 8:01:39 AM PDT by Marius3188
They invented it, it was only licensed to Ponzi.
Don't know what they're running, but for a nation to stop informing the public of something as basic as "the amount of cash out there" is very suspicious.
(Don't care if "the fed" is technically a private bank - it defines & controls the currency for the nation, so some factoids dang well better be public.)
Somehow I don't expect Ben will talk to me about it.
As far as I know, the Fed is still publishing M0, M1 & M2 numbers. Perhaps they now consider M3 meaningless or inestimable.
Still, the US Fed publishes more measures than the UK, who only posts two figures.
1 Norway 48,412
2 Iceland 36,377
3 Australia 26,275
4 Luxembourg 59,143
5 Canada 27,079
6 Sweden 33,676
7 Switzerland 43,553
8 Ireland 38,487
9 Belgium 29,096
10 United States 37,648
GDP per capita overview.
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