Talk:Monetary base
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how big is the monetary base relative to other monetary agregates ?
editIs it true that the ratio monetary base/M1 has been constantly falling since the beginning of capitalism ?
This page overlapped significantly with Money Supply
editIt appears that this page had a great deal of redundant material on it.
- The text on this page itself implies that "monetary base" is simply a definition of term, which is equivalent to "M0". (See Wikipedia:Wikipedia is not a dictionary) A much better and more complete discussion of the "equation" for the different M levels appears where it should be - on the Money Supply page.
- This page also had an incomplete summary discussion of "expansionary policy", which was taken verbatim from investopedia. The subject is expanded in much greater detail on monetary policy. A reference was given instead to the existing article expansionary policy.
(Both of these topics are discussed on the "Overlap" section within Help:Merging and moving pages#Merging) —Preceding unsigned comment added by Iiigoiii (talk • contribs) 22:27, 17 November 2008 (UTC)
Alternative views
editI have deleted the section "Alternative Views" because it does not refer to the monetary base but to the money multiplier. The section also appears to be nonsensical: If you define the terms monetary base and money multiplier, both non-zero, there certainly exists a ratio which is called money multiplier. To print in bold face that such a multiplier does not exist seems really strange. There may be important religious or political reasons to deny the existence of a mere ratio but these have no place in a decent dictionary. — Preceding unsigned comment added by Herbert81 (talk • contribs) 17:16, 13 May 2013 (UTC)
Merger proposal
editDone Gigs (talk) 14:01, 15 January 2010 (UTC)
The following discussion is closed. Please do not modify it. Subsequent comments should be made on the appropriate discussion page. No further edits should be made to this discussion.
If high-powered money, narrow money, monetary base, and M0 are all synonyms, then they should be merged into a single article. I suggest that the M0 disambiguation page should point to this article, rather than to money supply. --JHP (talk) 01:27, 29 January 2009 (UTC)
- Support Better to have one good article covering all terms than several stubs as is currently the case. --Surturz (talk) 03:33, 29 January 2009 (UTC)
- Support. "Narrow money" is identified with M1 in the U.S.(not M0 = MB = HPMM) A Google Scholar search reveals:
- "monetary base" with about 13,000 hits,
- "high-powered money" with 3,700 hits,
- "narrow money" with 3,000 hits.
- "Narrow money supply" is more than 10X less frequent than "narrow money." The merge title should be the term with the widest usage. --Thomasmeeks (talk) 10:35, 3 March 2009 (UTC)
Support These are multiple stubs on the same thing. Just make redirects. http://www.highbeam.com/doc/1O104-monetarybase.html Rainpat (talk) 22:06, 26 March 2009 (UTC)
Question of definition
editThe intro uses the term "total currency circulating in the public". Does this refer to physical coins and banknotes?
Yes, known as M0. MB is M0 plus reserves held at the central bank.
or is electronic money held in checking accounts also included?
No. Checking accounts are demand deposits which are part of M1.
How about money held in a savings account?
No. It depends on the type of savings account. If funds are available on demand, then they're part of M1, else they're part of M2.
I tried to look at the article currency for help, but it did not clarify the situation, since three different definitions are given there. AxelBoldt (talk) 22:30, 22 January 2015 (UTC)
Answers by Fashoom (talk) 04:48, 11 August 2016 (UTC)
Question/Clarification re "non-bank deposits"
editThe last line of the intro section reads: "The monetary base should not be confused with the money supply, which consists of the total currency circulating in the public plus certain types of non-bank deposits with commercial banks."
Does "non-bank deposits with commercial banks" mean deposits at commercial banks that have been deposited by non-bank entities? (E.g., ruling out deposits at commercial banks that were deposited by other banks?)
Is there an easy way to make this clear in the sentence?
2607:FEA8:C260:200:4141:AEB3:A9E8:8A60 (talk) 16:10, 23 November 2022 (UTC)