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🇪🇺@FrankElderson: The money/GDP ratio has grown in all major advanced economies, ranging from about 90% in the US to above 200% in Japan. There is no right/wrong ratio; it is a reflection of how much of their wealth people and firms wish to hold in bank deposits #AskECB
RT @despacitoyclaro: @ecb @FrankElderson #AskECB
Please, an straightforward answer as possible:
The m3/GDP ratio has gone up from mid 70% at the beginning of this century…
