Cryptocurrency Q&A
What percent of US money supply is cash?
What percent of US money supply is cash?
BitcoinBaron
Mon Sep 16 2024
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5 answers
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Can you provide an estimation of the percentage of the total United States money supply that is composed of physical cash, such as bills and coins? Understanding the breakdown between cash and other forms of money, like electronic payments and digital currencies, can offer valuable insights into the economy and financial behavior of individuals and businesses. Is there a trend towards a decrease in the use of cash, or does it still hold a significant portion of the overall money supply?
5 answers
Maria
Wed Sep 18 2024
However, when considering the broader M2 money supply, which includes less liquid assets such as savings accounts and money market funds, the percentage of cash decreases. The M2 money supply currently stands at around $13.8 Trillion.
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KatanaSword
Wed Sep 18 2024
The percentage of the US dollar that exists in physical currency is a significant aspect of the nation's monetary system. The M1 money supply, which includes cash and other highly liquid assets, currently stands at approximately $3.6 Trillion.
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SumoMight
Wed Sep 18 2024
Within this M1 measure, cash in circulation amounts to roughly $1.6 Trillion. This figure represents the total amount of physical currency in use throughout the United States.
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SejongWisdomKeeperElite
Wed Sep 18 2024
When comparing the cash in circulation to the entire M1 money supply, it becomes evident that cash comprises approximately 44% of this measure. This highlights the continued importance of physical currency in the U.S. economy.
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EthereumEagleGuard
Tue Sep 17 2024
Within this M2 measure, cash in circulation accounts for approximately 11.6% of the total. This indicates that while cash still plays a role in the U.S. monetary system, it is less dominant when considering a wider range of financial assets.
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