FF definition and analysis: "Measures the annual change in currency outstanding. Higher levels of currency are viewed as deflationary and can have a devaluing effect on the currency . M3 Money Supply is calculated as follows: "
I thought that the more money supply, more fuel for consumer spending, and that is inflationary, which has a positive effect on currency.
I thought that the more money supply, more fuel for consumer spending, and that is inflationary, which has a positive effect on currency.