我的想法
$ is an asset that can make purchases to happen at a later day
B) Components of money stock
There are 3 major monetary aggregates: M 1, M 2, M 3
M 1 consists of claims that can be used instantly, directly and without any restrictions to make purchases usually
M1 = currency +checkable deposits
Liquid
Financial Claims are liquid when they can be used conveniently to market transactions
M2 = M1 + near monies
Near monies : they are financially liquid asset that do not function. As a medium of exchange
E.G saving deposits
Small time deposits (less than USD 100,000)
M3 = M2 + large time deposits (Larger than USD 100,000)
Are credit cards a part of monetary aggregate?
==No. They are short-term loans==