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Core Inflation
June 16, 2011
Dave Roberts
and
5 other people
answered this question
Why does core inflation exclude food and energy prices?
The monetary base is the amount of money created directly by the Fed, before the fractional reserve banking system expands the money supply to the final size of M2 or M3. The monetary base is sometimes called M0. You are correct that M2 did not ... more
Dec. 11, 2010
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