Comments on: Looking Beyond the Three Percent Horizon http://alephblog.com/2008/01/05/looking-beyond-the-three-percent-horizon/ Helping Institutions and Ordinary People Invest Better by Focusing on Risk Control Sun, 12 Feb 2012 22:02:53 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: alephblog » Blog Archive » Why Do I Follow M3?http://alephblog.com/2008/01/05/looking-beyond-the-three-percent-horizon/comment-page-1/#comment-26994 alephblog » Blog Archive » Why Do I Follow M3? Tue, 29 Jun 2010 00:35:36 +0000 http://alephblog.com/2008/01/05/looking-beyond-the-three-percent-horizon/#comment-26994 [...] the no-nonsense attitudes of some bloggers. Dr. Jeff would be one of them. In response to my piece Looking Beyond the Three Percent Horizon he posed the following [...] [...] the no-nonsense attitudes of some bloggers. Dr. Jeff would be one of them. In response to my piece Looking Beyond the Three Percent Horizon he posed the following [...]

]]> By: Jeffhttp://alephblog.com/2008/01/05/looking-beyond-the-three-percent-horizon/comment-page-1/#comment-16409 Jeff Mon, 07 Jan 2008 05:04:08 +0000 http://alephblog.com/2008/01/05/looking-beyond-the-three-percent-horizon/#comment-16409 David - I understand that the Fed discontinued M3 and that you have a good proxy. My question is, "Why?" In my research on money supply measures, I have been asking economists what they are trying to measure and why. So far, none has had any reason to track M3. I'll get around to my reasons for this in a future post, but before doing so, I am curious about why you think this is important. The same question might be asked of MZM. Thanks, Jeff David -
I understand that the Fed discontinued M3 and that you have a good proxy. My question is, “Why?”

In my research on money supply measures, I have been asking economists what they are trying to measure and why. So far, none has had any reason to track M3. I’ll get around to my reasons for this in a future post, but before doing so, I am curious about why you think this is important. The same question might be asked of MZM.

Thanks,

Jeff

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