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Money supply


 

Money supply ("monetary aggregates", "money stock"), a macroeconomic concept, is the quantity of money available within the economy to purchase goods, services, and securities.

Money Supply and Cash

In the U.S., as of July 28, 2005, M1 was about $1.4 trillion, M2 about $6.5 trillion, and M3 about $9.7 trillion. If you split all of the money equally per person in the United States, each person would end up with roughly $30,000 ($9,700,000M/300M). The amount of actual physical cash M0 was $688 billion in 2004, slightly more than the $474 billion of deposits at Citigroup at the end of 2003. (http://finance.yahoo.com/q/bs?s=C&annual)

Related Topics:
2005 - Deposits - Citigroup

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