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  • Anthony, the money supply is the total quantity of bills, coins, loans, credit and other instruments that can be easily converted to cash that is traditionally reported by the Fed in 3 categories, M1 (coins, dollar bills, and checking accounts), M2 (M1 plus savings accounts, money market funds, and other individual or ???small??? time deposits), and M3 (no longer reported by the Fed) which is M1 a
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