MZM is sometimes referred to as the "base" money supply.

Name: MZM is sometimes referred to as the "base" money supply.
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MZM (Money Zero Maturity) is often considered a measure of the liquid money supply within an economy, not the "base" money supply. The "base" money supply typically refers to the total amount of currency in circulation plus reserves held by banks at the central bank, which is more directly controlled by monetary authorities.

MZM Is Sometimes Referred to as the "Base" Money Supply