Remember, the monetary base is the amount of money in the economy that can be used for the exchange of goods and services. Look at the this graph...look at this graph! This is like flying a helicopter and dropping thousands of dollar bills in every American town.
Friday, December 12, 2008
I told you the money supply doubled!
Remember, the monetary base is the amount of money in the economy that can be used for the exchange of goods and services. Look at the this graph...look at this graph! This is like flying a helicopter and dropping thousands of dollar bills in every American town.
