Subject: [OPE-L:1829] Re: Re: Re: the money supply
From: Akira MATSUMOTO (akiram@mail.ucr.edu)
Date: Sat Dec 04 1999 - 14:09:56 EST
Dear Dr. Germer and Member
As I mentioned Japanese Marxist had an animated debates of the nature of the
contemporary incovertible banknote.
Moreover several of ecnomists has been thinking about the gold problem.
> At 1:39 PM -0800 99.12.3, Claus Germer wrote:
> Some time ago I made a calculation of the gold reserves as a proportion of
> the total world monetary reserves, based on official data from IMF, where I
> found out that from 1971 until 1993 (the last year for which I had the
IMF's report) this proportion dropped very little.
Actually I also calculated the proportion of gold reserve as well.
So I' like to send the data in attachment file now.
The paper which I sent to this ML in attachment file before ([OPE-L:1791] )
was written from the same motivations.
If you have any comments, please lte me know it.
By the way, I greatly appreciate Dr.Levey's efforts. I put him have some
trouble to send my some mail to this ML from my individual and technical
reason. Thank you, Jerry!!
Well, I found out a mistake in the former mail ([OPE-L:1822])to correct
among my many mistakes by my poor English.
I'd like to point out here.
Error>The contemporary money supply mechaism can be expalined by the logic
of the paper money.
Correct>Can he contemporary money supply mechaism be expalined by the logic
of the paper money?
Bye
Best Wish
Akira
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MATSUMOTO, Akira
Visiting Scholar
Department of Economics,
University of California, Riverside
1150 University Avenue
Riverside, CA 92521-0427 USA
Phone 909-787-5037x1575 or X1570
Fax 909-787-5685
Email: akiram@mail.ucr.edu
________________________
Associate Professor on Money and Banking
Department of Comprehensive Policy Making
school of Law & Letters
EHIME University
Matsuyama, Ehime
790-8577, Japan
Tel:+81-89-927-9237(office)
FaX: +81-89-927-8916
E-mail: amatsu@ll.ehime-u.ac.jp
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