Re: spanish central banker tells socialist subsidisers about real life...

On Sat, 26 Nov 2005 00:01:44 +0000, James Hammerton
<jameshammerton@xxxxxxxxxxx>

typed:

>On Fri, 25 Nov 2005 23:49:20 +0100, abelard <abelard2@xxxxxxxxxxx>
>wrote:
>
>>On Fri, 25 Nov 2005 22:34:55 +0000, hummingbird
>><ZYLYDWINUSED@xxxxxxxxxxxxx>
>>
>> typed:
>>
>>>On Fri, 25 Nov 2005 23:07:30 +0100, abelard <abelard2@xxxxxxxxxxx>
>>
>>>>i take the gnp growth from the expansion of the broad money supply...
>>>
>>>I finally got here and then ... well actually I already knew that was
>>>your definition. Can you describe what causes *the broad money supply*
>>>to go up or down. Then, can you define GNP growth?
>>
>>
>>it gets much more difficult at that point....
>>the main thing that expands the money supply is the printing of
>> money by government...
>
>How are you measuring the expansion of the broad money supply?

i'm using m4 in the case of the uk...
and m3 elsewhere....the definitions are ~similar
i usually use the tables in the back of the economist...

regards...

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