Akkam’s Razor

I’m still trying to make sense out of the decision by the Federal Reserve to stop collecting and reporting on M3, which is the measure of all cash in circulation.  Dailykos submitter gjohnsit chimes in with his observations, as does Economic Dreams, Economic Nightmares.  The PrudentBear is full of bad news.

Personally, I’m unsure of what the result of this little experiment in Faith-Based Economics will bring.