Discussion Paper
New Forms of Money and the U.S. Monetary Aggregates
Abstract: The money supply is defined as a group of safe assets with stable values that households and businesses can use to make payments or to hold as short-term investments. In the U.S., the Federal Reserve measures the money supply using officially defined monetary aggregates, which classify assets according to their liquidity and function—a store of value versus a medium of exchange.
https://doi.org/10.17016/2380-7172.4150
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https://www.federalreserve.gov/econres/notes/feds-notes/new-forms-of-money-and-the-u-s-monetary-aggregates-20260904.html
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Bibliographic Information
Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: FEDS Notes
Publication Date: 2026-09-04
Number: 2026-09-04