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<For those not familiar with the term, liquidity is essentially money created by the Federal Reserve that acts to support various assets such as stocks, bonds and commodities. Today, that pool of liquidity reached a stunning $60 billion, up from $23 billion in mid-December. >


How does one track this number?  Last I checked, both M1 & M2 were down
last year (perhaps this along with the Homestead act & increased interest
rates helped to prop up the dollar).

Is he talking about M3?
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