Federal Reserve Video on YoutubeSubmitted by AtlantaIconoclast on Sat, 05/26/2012 - 11:42
Note: I have tried to correct the title to say "decrease in growth of money supply," but not sure it is letting me change the title.
Can someone please tell me why this Fed economist is wrong when he says that since the financial crisis of 2008, the growth in the money supply has decreased? Is that because banks are holding onto the money? I am a college teacher and want to discuss the Fed with my class, and want to present both sides of the debate. However, this assertion by the Fed economist seems to run counter to what Dr. Paul has said. Anyone care to explain how both might be right, given their own interpretation of "money supply"? Or is there another explanation? thanks