Money Supply

Money Supply

Money Supply

- Measure M1 M2 M3 Extended - Money
Money Supply
M1 - One measure of the money supply that includes all coins, currency held by the public, traveler's checks, checking account balances, NOW accounts, automatic transfer service accounts, and balances in credit unions.
M2 - One measure of the money supply that includes M1, plus savings and small time deposits, overnight repos at commercial banks, and non-institutional money market accounts. A key economic indicator used to forecast inflation.
M3 One measure of the money supply that includes M2, plus large time deposits, repos of maturity greater than one day at commercial banks, and institutional money market accounts.
Extended broad money One measure of the money supply that includes M2, plus large time deposits, repos of maturity greater than one day at commercial banks, and institutional money market accounts. also called M3.
Banks Money Supply 2025
Book review: ‘Making Money Work’ argues for better money supply management and empowering commercial banks Fortune
Reforming the Federal Reserve, Part 1: A Brief Look Back and the Way Forward Cato Institute
The Rise and Fall of M2 Federal Reserve Bank of St. Louis
The Federal Reserve System Affects You More Than You Might Think Investopedia