I asked the Federal Reserve Board why it will stop publishing M3.
"Our searching of the economic literature revealed that very few economists used that aggregate . . . Consequently, the costs of collecting the data and publishing M3 now appear to outweigh the benefits."
Some financial analysts disagree violently.
"They know what's coming -- massive amounts of dollar creation to fund the worsening trade and federal government budget deficits," says James Turk in the Free Market Gold & Money Report.
"There is only one reason for the Fed to conceal important monetary component information," The King Report says. It's "to cover up the truth about what the Fed, central banks, and the really big money are doing."
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