#21 Decoding physical cash: M0 USA

#21 Decoding physical cash: M0 USA

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This is the twenty-first installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.

Contents

00:00 Intro

00:20 Dollar briefly

01:40 History of “Money Supply” curves

02:50 Total physical currency supply

05:35 Physical currency supply outside bank vaults (M0)

06:50 Physical currency % M0 vs. Total

10:40 Be careful of M0 Money vs. Monetary Base!

12:45 More to come and summary

Here we look at the total physical currency supply of the United States dollar, and compare how much is outside of banks (M0) versus how much is inside banks (vault cash). This is also the first level, basic money supply that makes up the various “M supplies;” that is, M0 through M4, etc.

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