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underpants

(194,584 posts)
13. Economics, to me, is a battle to create M1 money
Mon Nov 3, 2025, 10:50 PM
Nov 3

Coins. Folding money. Expendable income.
Keynes said throw it at the working class.




M1
Definition: The most liquid form of money, also called "narrow money".
Components:
Physical currency (coins and banknotes) in circulation
Demand deposits (checking accounts)
Other checkable deposits
M2
Definition: A broader measure that includes M1 plus near-money assets.
Components:
Everything in M1
Savings accounts
Time deposits (CDs) under $100,000
Retail money market funds

M3
Definition: The broadest measure of money supply, including all of M2 plus less liquid assets.
Components:
Everything in M2
Large-denomination time deposits (over $100,000)
Institutional money market funds
Note: The Federal Reserve stopped reporting M3 in 2006 because it was considered to have little additional information beyond what was already in M2.

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Central government can only create jobs ... Bread and Circuses Nov 3 #1
Remind companies that they will have access to a higher level of employee in blue states EdmondDantes_ Nov 3 #2
This message was self-deleted by its author PeaceWave Nov 3 #5
Depends on how much we make the argument. We have been bad at that in general EdmondDantes_ Nov 3 #8
This message was self-deleted by its author PeaceWave Nov 3 #14
Texass is a gimme state Donman Nov 4 #20
Are you asking in good faith as an issue to attract voters? Frasier Balzov Nov 3 #3
This message was self-deleted by its author PeaceWave Nov 3 #6
Well. Trump is blowing up alternative energy ideas...ones that create a lot of jobs--- OAITW r.2.0 Nov 3 #4
Aren't we kinda beyond all that? leftstreet Nov 3 #7
This message was self-deleted by its author PeaceWave Nov 3 #10
Your suggestion makes sense. When enough corporations leave, someone might wake up. Silent Type Nov 3 #9
Are you recommending Dems run on a promise to lower corporate taxes? Jersey Devil Nov 3 #11
This message was self-deleted by its author PeaceWave Nov 3 #12
He can answer for himself. But IMO, somebody better wake up unless you are OK with large employers moving Silent Type Nov 4 #15
California is now a single sales factor state dannward Nov 4 #17
Are you saying a company HQ in California pays no more state taxes than one located in another state? MichMan Nov 4 #21
As of January 2025, yes. dannward Nov 4 #22
This message was self-deleted by its author PeaceWave Nov 4 #23
Looks like banks were not forced to single sales factor until this year dannward Nov 4 #24
This message was self-deleted by its author PeaceWave Nov 4 #25
Business taxes are passed down to the consumer MichMan Nov 4 #16
Economics, to me, is a battle to create M1 money underpants Nov 3 #13
The California unemployment rate is 5.5 % Johonny Nov 4 #18
Solve the traffic problem in some areas of California Prairie_Seagull Nov 4 #19
First step NeoTrajan Nov 4 #26
The Democratic party has to be in power to do much good! bob4460 Nov 4 #27
This message was self-deleted by its author PeaceWave Nov 4 #28
What an interesting thread. Kingofalldems Nov 4 #29
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