Talk:High-powered money

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currency in circulation. comparison between pakistan and england

[edit] M1 or M0 ?

I was of the belief that high-powered money is NOT M1 but actually like M0 since it is just the real physical money and not the checkable deposits.. —The preceding unsigned comment was added by 75.31.96.77 (talk) 11:52, 13 December 2006 (UTC).