Their values are $8,118.4 billion, $429.4 billion, and $618 billion, for a total of $9,165.8 billion. M2 is a calculation of the money supply that includes all elements of M1 as well as "near money," which refers to savings deposits, money market … Closely related to M1 and M2 is Money Zero Maturity (MZM). The US Federal Reserve often manipulates the M1 money supply to control inflation. MZM consists of M1 plus savings deposits and all money market accounts, including institutional money market funds. M2 consists of M1 plus: (1) savings deposits (which include money market deposit accounts, or MMDAs); (2) small-denomination time deposits (time deposits in amounts of less than $100,000); and (3) balances in retail money market mutual funds (MMMFs). Money Supply M2 in the United States increased to 18811.60 USD Billion in October from 18658.10 USD Billion in September of 2020. $9165.8 billion $2,308 billion $3,035.8 billion FEEDBACK: The M2 money supply consists of the M1 money supply and other items often called "near monies." M1 consists of the currency that is currently out there in people’s wallets plus how many checkable deposits we all have! M2 consists of M1 plus savings accounts. M2 was $15.327 trillion in November 2019 (seasonally adjusted). M1. It does not include IRA or Keogh retirement accounts. M2 = M1 + savings deposits + money market funds + certificates of deposit + other time deposits. M2 includes a broader set of financial assets held principally by households. If the Federal Reserve issues or prints too much money, the result is inflation and a rise in prices. These items include savings deposits, money market mutual funds, and CDs. M2 money supply is less liquid in nature and includes M1 plus savings and time deposits, certificates of deposits, and money market funds. M2 includes M1 along with savings accounts, money market accounts, money market funds, and time deposits under $100,000. M2 includes M1 plus some less liquid (but still fairly liquid) assets, including savings and time deposits, certificates of deposit, and money market funds. M1 is the most narrow definition of the money supply. M1 money supply includes coins and currency in circulation—the coins and bills that circulate in an economy that are not held by the U.S. Treasury, at the Federal Reserve Bank, or in bank vaults. The Federal Reserve System is responsible for tracking the amounts of M1 and M2 and prepares a weekly release of information about the money supply. M1. M2 consists of time deposits, which most of us know as CDs or certificates of deposit. 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