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What is MI money?

Updated: 12/23/2022
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14y ago

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Do you mean M1 (M-one)?
It is one of several metrics for the money supply of an economy (a country) - how much money there is all together. M0 is cash, M1 is cash + bank deposits + foreign currency (broadly speaking), there are also a few others.

See related Wikipedia link.

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14y ago
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