And AFAICS, the sum of this 'base money' + other expanding groups of money-like ... | Hacker News

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renewiltord on Aug 31, 2020 | parent | context | favorite | on: Banks create money, but it's less impressive than ...

And AFAICS, the sum of this 'base money' + other expanding groups of money-like assets is where the M2, M3, etc. definitions of money go to.

eru on Aug 31, 2020 [–]

Yes, exactly.

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