are credit cards part of money supply, if not why?

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are credit cards part of money supply, if not why?

studying macroeconomics

2007-04-21 12:01:10 · 2 answers · asked by Col 1 in Business & Finance ➔ Credit

2 answers

The link below is from the Federal Reserve Bank of New York. It describes 'Money Supply'. There are actually 2 different money supply numbers published by the Federal Reserve. I didn't see credit cards included in either measure.

2007-04-21 14:45:20 · answer #1 · answered by STEVEN F 7 · 0⤊ 0⤋

yes, electronic money is part of M0.

2007-04-21 19:16:03 · answer #2 · answered by vox_of_reason2 3 · 0⤊ 1⤋