record money supply growth

Discussion in 'Trading' started by xll, May 13, 2001.

  1. xll

    xll

    "Hays says that over the last 13 weeks, growth of the Money of Zero Maturity or MZM -- cash that can be readily used by consumers -- has jumped by some 25 percent, a record increase. By comparison, in the months leading up to the feared Y2K computer bug, the Fed boosted money supply by 15 percent, which was then a record."