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Bye-Bye M3, But Why?

Summary

Last Thursday afternoon, in what legitimately can be described as cryptic fashion, the Federal Reserve announced that commencing in March, it would stop releasing monetary aggregate "M3." Why?

Continue to Gillespie Research for the balance of the essay: http://www.gillespieresearch.com/cgi-bin/s/article/id=708.

 

 

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