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To: JasonC; groanup
When you sell a stock and get a bigger bank balance the money that is newly yours is indeed part of the money supply. But it was the instant before the transaction too, it just wasn't yours.

I agree. My original claim was about a maturing CD. According to this, MZM is "M2 less small-denomination time deposits plus institutional money funds". When my CD matures, it is still part of M2 but no longer subtracted out.

132 posted on 04/30/2008 6:31:38 AM PDT by Toddsterpatriot (Why are doom and gloomers, union members and liberals so bad at math?)
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To: Toddsterpatriot
I agree.

Then WTF are you arguing about? Or can you not draw the dots from the things you agree with to the obvious conclusions that follow?

152 posted on 04/30/2008 12:38:54 PM PDT by AndyJackson
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