Definition of broad money in English:

broad money

noun

mass nounEconomics

单词	broad money
释义	Definition of broad money in English: broad money noun mass nounEconomics Money in any form including bank or other deposits as well as notes and coins. 〔经济〕广义货币 Example sentencesExamples This is clear by looking at the ratio (in percent) of broad money, which includes currency in circulation and bank deposits, to GDP. During the next three years, broad money has surged a staggering $1.736 trillion, or at an annualized rate of $579 billion. Indeed, broad money grew by more than $600 billion in 1998, fully 35% greater than in 1997. Year-to-date, broad money is up $462 billion, or 6.5% annualized. And just as we must look to broad money as an indicator of the degree of Credit expansion, we must think broadly when it comes to inflation as well.
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