[lit-ideas] Re: Quasiness
- From: Julie Krueger <juliereneb@xxxxxxxxx>
- To: lit-ideas@xxxxxxxxxxxxx
- Date: Wed, 11 Mar 2009 05:47:37 -0500
Somehow I missed that link -- thank you.
And, it's clear as mud now.
Julie Krueger
On Wed, Mar 11, 2009 at 5:43 AM, Phil Enns <phil.enns@xxxxxxxxx> wrote:
> Julie Krueger wrote:
>
> "I still want to know what quasi money is and what it looks like and
> if I have any and if so if I can use it like real money."
>
> You may very well have some but you can't use it like 'real' money.
> Here is the definition provided from your reference:
>
>
> https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html#2210
>
> "This entry comprises the total quantity of time and savings deposits
> denominated in the national currency, held by nonbank financial
> institutions, state and local governments, nonfinancial public
> enterprises, and the private sector of the economy. When added
> together with "M1" the total money supply is known as "M2." The
> national currency units have been converted to US dollars at the
> closing exchange rate on the date of the information."
>
>
> Sincerely,
>
> Phil Enns
> Yogyakarta, Indonesia
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