M1 and M2 money supply contracted for the week ending February 4th 2011. M1 money supply contains currency, travelers checks, demand deposits & other checkable deposits. M2 money supply contains M1 and retail money market mutual funds, savings & small time deposits. M1 decreased by -1.84% and M2 increased by 0.063%. M3 is what we really need to be looking at but does not get published anymore (since 2006). Please see M3 below which is provided by shadowstats.com.
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