Unless otherwise defined, this refers to the means of payment within an economy as a whole, as they can be used as a medium of exchange for the purchase of goods or services. – See money in circulation, money supply, funds, liquid. – Cf. ECB Monthly Bulletin, October 2011, pp. 67 ff. (textbook presentation of the money supply; many overviews).
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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