A Case for Reforming Federal Deposit Insurance: Table 3
Bank Demand Deposits and Substitute Instruments 1976-1987 (in millions of dollars)
|
Year |
Demand Deposits |
NOW Accounts |
Money Market Mutual Funds |
|
1976 |
231,300 |
2,700 |
3,400 |
|
1977 |
247,000 |
5,000 |
3,800 |
|
1978 |
261,500 |
8,400 |
10,200 |
|
1979 |
270,100 |
17,000 |
42,900 |
|
1980 |
274,700 |
27,400 |
76,600 |
|
1981 |
243,400 |
78,500 |
188,600 |
|
1982 |
246,200 |
104,100 |
236,300 |
|
1983 |
251,000 |
132,200 |
181,400 |
|
1984 |
253,000 |
148,200 |
230,200 |
|
1985 |
276,900 |
180,900 |
241,000 |
|
1986 |
314,400 |
237,300 |
292,400 |
|
1987 |
198,500 |
261,600 |
310,700 |
Source: Federal Reserve Bulletin, various dates
