M1, M2, M3 - The Money Supply and how it affects you!
Posted on October 15th, 2007 by johnb
The Federal Reserve Bank produces a series of numbers every month to define the amount of money in circulation. One set of numbers however does not give us the complete picture, for that we need three, M1, M2 and M3. Each calculation divuldges a larger segment of the overall money supply. Find out what they mean and why M3 is no longer being published.
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