What is another word for broad money?

Pronunciation: [bɹˈɔːd mˈʌnɪ] (IPA)

Broad money refers to the total amount of money circulating in an economy, including cash, bank deposits, and other liquid assets. There are several synonyms used to describe this concept, which may vary depending on the country or region. Some of the common synonyms for broad money include M2, aggregate monetary resources, and money supply. In some countries, the term "broad liquidity" is used instead of broad money. Additionally, some financial institutions may use different terms such as "narrow money" or "base money" to describe specific subsets or components of the overall money supply. Regardless of the term used, understanding broad money is essential for assessing the health of an economy and forecasting its future performance.

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