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Well, well, well, what do we have here, could the Reserve Bank be the cause Inflation in Australia???

I wonder where all that extra money came from???

[ATTACH=full]74812[/ATTACH]

Definitions

M0: The total of all physical currency, plus accounts at the central bank that can be exchanged for physical currency.

M1: M0 - those portions of M0 held as reserves or vault cash + the amount in demand accounts ("checking" or "current" accounts).

M2: M1 + most savings accounts, money market accounts, and small denomination time deposits (certificates of deposit of under $100,000).

M3: M2 + all other CDs (large time deposits, institutional money market mutual fund balances), deposits of eurodollars and repurchase agreements.

Source ==> http://en.wikipedia.org/wiki/Money_supply

<blockquote data-quote="Kimosabi" data-source="post: 272575" data-attributes="member: 7272">Well, well, well, what do we have here, could the Reserve Bank be the cause Inflation in Australia???&nbsp;I wonder where all that extra money came from???&nbsp;[ATTACH=full]74812[/ATTACH]&nbsp;Definitions&nbsp;M0: The total of all physical currency, plus accounts at the central bank that can be exchanged for physical currency. &nbsp;M1: M0 - those portions of M0 held as reserves or vault cash + the amount in demand accounts (&quot;checking&quot; or &quot;current&quot; accounts). &nbsp;M2: M1 + most savings accounts, money market accounts, and small denomination time deposits (certificates of deposit of under $100,000). &nbsp;M3: M2 + all other CDs (large time deposits, institutional money market mutual fund balances), deposits of eurodollars and repurchase agreements. &nbsp;Source ==&gt; <a href="http://en.wikipedia.org/wiki/Money_supply" target="_blank">http://en.wikipedia.org/wiki/Money_supply</a></blockquote>

[QUOTE="Kimosabi, post: 272575, member: 7272"] [B][SIZE=4]Well, well, well, what do we have here, could the Reserve Bank be the cause Inflation in Australia???[/SIZE][/B] [B][/B] [B][SIZE=4]I wonder where all that extra money came from???[/SIZE][/B] [ATTACH=full]74812[/ATTACH] [B]Definitions[/B] M0: The total of all physical currency, plus accounts at the central bank that can be exchanged for physical currency. M1: M0 - those portions of M0 held as reserves or vault cash + the amount in demand accounts ("checking" or "current" accounts). M2: M1 + most savings accounts, money market accounts, and small denomination time deposits (certificates of deposit of under $100,000). M3: M2 + all other CDs (large time deposits, institutional money market mutual fund balances), deposits of eurodollars and repurchase agreements. Source ==> [URL]http://en.wikipedia.org/wiki/Money_supply[/URL] [/QUOTE]

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