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04-30-2009 , 07:47 PM
#101
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Borodog
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Enemy of the State
Join Date: Jan 2004 Posts: 25,491
Way to miss the point!
05-01-2009 , 09:46 AM
#102
pvn
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05-04-2009 , 04:06 PM
#103
DMACM
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banned
Join Date: Apr 2005 Posts: 3,917
PB,
You seem to be saying two things.
a) The Fed cannot set an interest rate
b) The amount of money in demand accounts is trivially small

Am I understanding this right? Can you explain this some more?
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