GuideAPI Doc

Money Supply (M1 & M2)

The Money Supply metrics track the total amount of currency and liquid assets circulating in the economy — a core indicator of monetary expansion, liquidity, and inflationary pressure.

Overview

  • M1 represents highly liquid money: physical cash and checking deposits.

  • M2 expands this to include savings accounts, time deposits, and money market funds.
    Tracking M2 helps identify macro trends in liquidity creation and its correlation with risk-asset markets like Bitcoin.

Formula

M 2 = M 1 + S a v i n g s D e p o s i t s + T i m e D e p o s i t s + M o n e y M a r k e t F u n d s M2 = M1 + SavingsDeposits + TimeDeposits + MoneyMarketFunds

Interpretation

  • Rising M2: Expansionary policy → liquidity inflow, inflation risk.

  • Falling M2: Contractionary phase → reduced liquidity, deflationary risk.

Available Metrics

Country-Specific M2 (examples)
Each country’s M2 follows the same definition, measured in local currency and converted to USD for comparative studies:

  • United States, European Union, China, Japan, India, Australia, Brazil, UK, Russia, Switzerland, South Korea, Canada, Mexico, etc.

Regional Links (examples)