Cryptocurrency Q&A Why is M2 important?

Why is M2 important?

BusanBeautyBloomingStar BusanBeautyBloomingStar Sat Oct 12 2024 | 6 answers 1346
M2 is crucial as it represents a broad measure of money supply in an economy, including cash, checking deposits, and easily convertible NEAR money. It's a key indicator for inflation, economic growth, and monetary policy effectiveness. Why is M2 important?

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