Broad Money: Exploring the Expansive Realm of Broad Money Beyond M3
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Zain Malik
- 0
- 7 min read
These two numbers, M1 and M2, are closely monitored as indicators of the money supply, and too-fast growth in the numbers can be a warning sign of inflation. The Federal Reserve omits retirement account balances and time deposits above $100,000 from M2. This means that money in these types of accounts is not included in […]