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Jeff Haymond

Are MMMFs Money?

Quarterly Journal of Austrian Economics

Author: Jeff Haymond

Online Publish Date: July 30, 2014

Category: Money and Banking, Money and Banks

Volume 3, No. 4 (Winter 2000) In the last twenty years, continual financial innovation has led to the increased use of MMMFs as a substitute for checkable deposits. While many technical considerations suggest that it is inappropriate to list Money Market Mutual Funds ( MMMFs ) as a substitute for checkable deposits. While many technical

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