Friday, January 28, 2011
M1/M2 Money Supply
The M1 Money supply expanded by 1.64% and M2 expanded 0.53% from the previous month. M1 is composed of currency, traveler's checks, demand deposits and other checkable deposits. M2 is composed of M1 plus retail MMMF's, savings, and small time deposits. The following graphs shows year over year change in M1 and M2 money supply.
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