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In economics, float is duplicate money present in the banking system during the time between a deposit being made in the recipient's account and the money being deducted from the sender's account. It can be used as investable asset, but makes up the smallest part of the money supply .
In macroeconomics, money supply (or money stock) refers to the total volume of money held by the public at a particular point in time. There are several ways to define "money", but standard measures usually include currency in circulation (i.e. physical cash ) and demand deposits (depositors' easily accessed assets on the books of financial ...
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The global M1 supply, which includes all the money in circulation plus travelers checks and demand deposits like checking and savings accounts, was $48.9 trillion as of Nov. 28, 2022, according to ...
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Created Date: 8/30/2012 4:52:52 PM
Float, the act of moving a currency to a floating exchange rate Cash float, the money in a cash register needed at the beginning of a business day in order to give change to customers Public float , the total number of shares publicly owned and available for trading, after subtracting restricted shares from the total outstanding shares
In the very short run the money supply is normally predetermined by the past history of international payments flows. If the central bank is maintaining an exchange rate that is consistent with a balance of payments surplus, over time money will flow into the country and the money supply will rise (and vice versa for a payments deficit).