tag:blogger.com,1999:blog-6297413898275266606.post4650639337276057442..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: November 2011 Monetary Conditionshishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6297413898275266606.post-20865891693838362242012-01-04T15:15:47.990+08:002012-01-04T15:15:47.990+08:00I've tried in fact - but I'm not sure how ...I've tried in fact - but I'm not sure how useful the information would be. The money multiplier is just the inverse of the reserve ratio.<br /><br />The problem is less in the calculation of reserves, but because FI's keep deposits at BNM far in excess of required reserves. Is that high-powered money? I'd certainly take it as such, if you go back to the underlying definition of &hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-70294447823129978412012-01-04T12:59:17.354+08:002012-01-04T12:59:17.354+08:00Have you ever calculated the money multiplier? I&#...Have you ever calculated the money multiplier? I'm going to embark on it just to see how it looks like.<br /><br />In light what you wrote earlier about L/D ratio, I'm thinking maybe the multiplier would provide better message than what L/D would usually give out in from microperspective.<br /><br />Further, for monetary base with respect to the BNM bulletin, should I just take money in Hafiz Noor Shamshttp://maddruid.comnoreply@blogger.com