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  1. That was a very moving story. But having demolished the Beehive we won’t see Toad getting his moment of glory as he thrusts into the room where the weasels roam shouting ‘Death or glory!”.

    But Toad might like to have another go – try the meeting below. I don’t trust these sticky-fingered gits not to interfere with our monetary system at the bottom end, to the detriment of ordinary people. So will M1 and M2 remain in their present forms? Banks may have to deal with reality money more than they like, but coins etc are a good way of getting distribution of some of the monetary assets through to all. And enabling small purchases with minimum recording.
    https://www.scoop.co.nz/stories/PO2405/S00134/finance-and-expenditure-committee-meeting-on-cash-use-digital-cash-and-community-cash-trials.htm

    Are M1 and M2 really money?
    The Relationship between M1 and M2 Money. M1 and M2 money are the two mostly commonly used definitions of money. M1 = coins and currency in circulation + checkable (demand) deposit + traveler’s checks + saving deposits. M2 = M1 + money market funds + certificates of deposit + other time deposits.
    Measuring Money: Currency, M1, and M2 | Macroeconomics
    lumenlearning.com https://courses.lumenlearning.com › chapter › measuring

    Don’t forget about money supply measures M1 and M2
    TwentyFour Asset Management
    https://www.twentyfouram.com › insights › dont-forget…
    25 Apr 2024 — M2 includes M1 plus small denomination time deposits and retail money market funds.

    Why do economists make a distinction between M1 and M2?
    Economists make a distinction between M1 and M2 because the elements of M1 include liquid assets only, while M2 includes M1 plus various kinds of near money, like savings accounts and money market mutual funds.
    Why do economists make a distinction between M1 and M2? – Quizlet
    quizlet.com https://quizlet.com › explanations › questions

    Why would a person want assets with liquidity?
    Liquid assets, however, can be easily and quickly sold for their full value and with little cost. Companies also must hold enough liquid assets to cover their short-term obligations like bills or payroll; otherwise, they could face a liquidity crisis, which could lead to bankruptcy.
    Understanding Liquidity and How to Measure It – Investopedia
    investopedia.com https://www.investopedia.com › terms › liquidity

    Further: https://en.wikipedia.org/wiki/Money

  2. So Pork is going to increase exports by a paltry 2 billion a year WOW .How is he going to get this coal across to Lytelton port when his buddy Brown is going to shut down rail .The last National government presided over the collapse of coal corp and its massive expansion of its cokeing coal mine .Has Pork ordered the 500 new wagons and 20 new Locos to pull them ,or are the mining companies going to supply their own as they do in Queensland .I would think the return to NZ inc will be very small when the net costs of this is taken into account .He could make the local council spend 10 billion to construct a massive off shore ship loading facillity as he would not be expecting his mining buddies to stump up for such things .

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