Maybe you can point to the fact that the New York metro area, one of the biggest markets in the world, has no real rock station to speakof, its last station going off the air infavorof sports talk just a few weeks ago.
As we discussed in last month Monetary Watch , the recent acceleration in uncovered money substitutes is no longer just about depositors liquidating time and other term deposits infavorof instantly redeemable demand and savings deposits (in Austrian speak, bank depositors liquidating credit claims, raising cash, then depositing and holding that cash in money substitute form with those same banks).