The balance owed on credit cards in the United States in 2009 was $866 billion. When consumers pay off this balance in full,

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When consumers pay off their credit card balance in full, the overall amount of money in the economy remains the same. There is simply a transfer of funds from the consumer's bank account to the credit card company. As a result, neither M1 nor M2 will change.

The Balance Owed on Credit Cards in the United States