What Is the Money Supply?
The U.S. money supply comprises currency—dollar bills and coins issued by the Federal Reserve System and the U.S. Treasury—and various kinds of deposits held by the public at commercial banks and other depository institutions such as thrifts and credit unions. On June 30, 2004, the money supply, measured as the sum of currency and checking account deposits, totaled $1,333 billion. Including some types of savings deposits, the money supply totaled $6,275 billion. An even broader measure totaled $9,275 billion.
These measures correspond to three definitions of money that the Federal Reserve uses: M1, a narrow measure of money’s function as a medium of exchange; M2, a broader measure that also reflects money’s function as a store of value; and M3, a still broader measure that covers items that many regard as close substitutes for money.
The definition of money has varied. For centuries, physical commodities,
Sometimes you need a theme song. These all-time favorite songs about money will motivate and inspire you – or at least bring back some fond memories!(co-written with Drea)
1. Money, Money–Liza Minnelli, Cabaret (1968)
Liza Minnelli and Joel Gray perform this classic in the film Cabaret, based on the 1968 musical written by John Kander. Never has a cliche been so catchy.
Money makes the world go around
…the world go around
…the world go around.
Money makes the world go around
Of that we both are sure…
*raspberry sound* on being poor!
2. Money for Nothing–Dire Straits, Brothers in Arms (1985)
Dire Straits promised us all we needed was to play the guitar on the Mtv to get our ‘money for nothing and chicks for free’. Ah, the good old days.
Dire Straits’ lead vocalist/songwriter Mark Knopfler wrote this song in the hardware department of home
Calculated as the ratio of quarterly nominal GDP
to the quarterly average of M2 money stock.
The velocity of money is the frequency at which one unit of currency is used to purchase domestically- produced goods and services within a given time period. In other words, it is the number of times one dollar is spent to buy goods and services per unit of time. If the velocity of money is increasing, then more transactions are occurring between individuals in an economy.
The frequency of currency exchange can be used to determine the velocity of a given component of the money supply, providing some insight into whether consumers and businesses are saving or spending their money. There are several components of the money supply,: M1, M2, and MZM (M3 is no longer
Winning Number History
Jackpot Winners & Retailer Information PDF
All Draw game prizes must be claimed at a Florida Lottery retailer or Florida Lottery office on or before the 180th day after the winning drawing.
How to Claim
View the drawings for Florida Lotto, Powerball, Jackpot Triple Play, Fantasy 5, Pick 5, Pick 4, Pick 3, and Pick 2 on the Florida Lottery’s official YouTube page.
More than $36 Billion and Counting!
The Florida Lottery has transferred more than $1 billion a year for 16 consecutive years to support education in our state; more than $36 billion in total since start-up. Learn more about the Lottery’s commitment to education.
Tuesday, January 29, 2019
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Whether you want to launch a side gig to generate regular part-time income or you’re looking for some quick extra cash, making money online has never been easier. So, if you know that you want to find a dependable way to earn cash or you simply want to make some money, fast, but you’re at a loss as to how to bring in that revenue, consider these top resources before you scour the internet for ideas. Here are the best websites to make money online:
This is a popular website that can be helpful for freelancers. Know something about digital animation? You can work for someone who doesn’t have these skills to pick up some extra cash. Even better, you can offer to compile web research for someone for fast cash. The only caveat: You probably aren’t going to get