The Money Supply and Cash Outside of Banks–John Mason
Take a look at this article on BasilandSpice.com, where many of our Bastiat’ Bastion posts are reposted. Fellow BasilandSpice Blogger John Mason writes about what is happening to the money supply and different components of the money supply, such as cash held outside of banks. After you read the chapter on the Money Supply, you will make more sense of what he is talking about. Then you can comment.
-MC
