Monetary Policy

printing-money-100-dollar-bills-stockpack-adobe-stock
Printing money  - 100 dollar bills
Printing money - 100 dollar bills

What Is “M2,” And Why Should We Care About It?

Of the various “monetary aggregates” (at one point, I think over thirteen were identified), “M2” is perhaps the most commonly referenced. It is supposedly important. But why? To answer that, we have to first figure out what it is. Read More ›