2005-11-10 Discontinuance of M3

2005-11-10 \US economy\US Federal Reserve http://www.federalreserve.gov/releases/h6/discm3.htm Discontinuance of M3 &ldquo;On March 23, 2006, the Board of Governors of the Federal Reserve System will cease publication of the M3 monetary aggregate. The Board will also cease publishing the following components: large-denomination time deposits, repurchase agreements (RPs), and Eurodollars. The Board will continue to publish institutional money market mutual funds as a memorandum item in this release.&rdquo; "George Washington's Blog" reports this indicator (presumably referring to the M3) as "the size of the money supply"; is this accurate? If so, GWB's contention that this was specifically to hide vast new quantities of money being printed to shore up the US economy may be on target.   