Gold, M3, and Willingness to Lend
Jan 22nd, 2007 | By Michael Shedlock | Category: Currencies
Let's start with a quick look at the expansion of the monetary base in comparison with the expansion of broad money supply, as measured by M3:
Monetary Base
M3
The above chart is from a discussion on "Money Supply and Recessions." For this article, pay attention to the green line ...read more
