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You're right in that I've overgeneralized my statement earlier. But I argue my point still stands. https://fred.stlouisfed.org/series/WRMFNS https://fred.stlou
by dragontamer 3y ago
You're right in that I've overgeneralized my statement earlier. But I argue my point still stands.
https://fred.stlouisfed.org/series/WRMFNS https://fred.stlouisfed.org/series/WRMFNS
Retail component of money market funds remains part of M2. Meaning that if depositors switched their money to VMFXX (or other retail money market funds), then it'd still be part of M2.