7/ details on the definition of H6, and the large number of changes in the process used to calculate it, here https://www.federalreserve.gov/releases/h6/h6_technical_qa.htm …
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18/ I strongly agree with this. Indices of all types need small adjustments over time, and in such cases it makes sense to keep the index name ... but HUGE adjustments seem to call for retirement of old index and creation of new.https://twitter.com/Bitcoin_is_/status/1500133143096934401 …
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18/ As
@perrymetzger said in the thread that I branched off from, yes, we all agree that federal money creation is done by the fed buying assets. HOWEVER ... that then shows up on M1, M2, H6, etc. So...I agree w sentences 2 and 2, but I disagree w 1. https://twitter.com/Glenn_somebody_/status/1500133907882258434 …This Tweet is unavailable.Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo
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I can withdraw. Savings gets paltry interest in exchange for rarely withdrawing; checking gets 0% for frequent withdraw. Why measure only one?