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April 21, 2018 

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NEAR MONEY: Assets that are highly liquid, and can be easily exchanged for money, but can not be used directly to purchase goods. The best examples are savings accounts, certificates of deposit, and similar bank accounts. These savings near monies are added to M1 to derived M2. Several investment type near monies are added to M2 to derived M3.

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MONEY SUPPLY RULE: A proposed policy that would constrain the growth of the money supply to equal growth of the economy's production capabilities. The logic behind such a rule is to prevent discretionary use of monetary policy, which is often blamed for political business cycles and the resulting problems of inflation and unemployment.

     See also | Federal Reserve System | monetary policy | political business cycle | conservative | balanced-budget amendment | automatic stabilizers | inflation | unemployment |


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FEDERAL RESERVE DISTRICT BANKS

The 12 government banking institutions that form the core of the U.S. Federal Reserve System and are largely responsible for supervising, regulating, and interacting with commercial banks and carrying out the policies established by the Federal Reserve Board of Governors. Federal Reserve Banks are often termed bankers' banks in that they provide banking services to commercial banks. The 12 District Banks are supported in their activities by 25 Branch Banks.

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APLS

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Today, you are likely to spend a great deal of time searching for a specialty store seeking to buy either a small, foam rubber football or an instructional DVD on learning to the play the oboe. Be on the lookout for bottles of barbeque sauce that act TOO innocent.
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Approximately three-fourths of the U.S. paper currency in circular contains traces of cocaine.
"Inside the ring or out, ain't nothing wrong with going down. It's staying down that's wrong. "

-- Muhammad Ali

APEC
Asia-Pacific Economic Co-operation
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