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> Stock market crashes absolutely destroy money by any reasonable definition of the money supply. Mind sharing that definition? I don't see that quite squaring
by ailideex 7y ago
> Stock market crashes absolutely destroy money by any reasonable definition of the money supply.
Mind sharing that definition? I don't see that quite squaring with this: https://en.wikipedia.org/wiki/Money_supply#Empirical_measures_in_the_United_States_Federal_Reserve_System https://en.wikipedia.org/wiki/Money_supply#Empirical_measure...