Quote:
Originally Posted by tw
So are you saying that liquidity is unrelated (ie partially) to both money and currency? I suspect you are trying to 'measure' (characterize) money and currency using a standard called liquidity.
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Running a bit late here, sorry Sir.
Yes. You're right. Liquidity.
It's important. How much currency do you need for your obligations? How much exposure do you want to the banking system or dollar currency system? Or your institutional investments?
How much money do you want to hold back while the currency is expanding?
Very good point, Mr. TW. One needs a combination of all mentioned.