Finance and Banking

[wplaurence]

I get the whole point about discount window transactions. I know they don't publish the M3 supply. Why would they? Nobody cared for years; why should anyone care now?

I'll never forget my first day of Principals of Finance class. The first line out of my Professors mouth was: There isn't enough currency to cover every dollar in all the checking accounts in the United States. That's just checking accounts. :eekeek: