By the Fed’s definition, the narrowest measure: ... - Deepstash

By the Fed’s definition, the narrowest measure:

  1. M1, is restricted to the most liquid kind of money-the money you’ve actually got in your wallet (including traveler’s checks) and your checking account.
  2. M2 includes M1 plus savings accounts, time deposits of under $100,000, and balances in retail money market mutual funds.
  3. M3 includes M2 plus large-denomination ($100,000 or more) time deposits, balances in institutional money funds, repurchase liabilities, and Eurodollars held by U.S. residents at foreign branches of U.S. banks, plus all banks in the United Kingdom and Canada.

22

151 reads

CURATED FROM

IDEAS CURATED BY

sebastian

Always improving myself @deepstash . Do not mess with my @unkl

These are some insights regarding economics extracted from this book. Further more about other topics is yet to come.

The idea is part of this collection:

Business Writing

Learn more about books with this collection

How to write clearly and concisely

How to use proper grammar and punctuation

How to structure a business document

Related collections

Similar ideas

Money Supply & Inflation

Money Supply & Inflation

We can measure the supply of money that exists in the market with main metrics:

  • M1 money supply includes liquid money aka cash. 
  • M2 (which includes M1) includes loans, deposits & market funds. This is mainly made up money. 

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates