Credit cards are not part of the money supply.

Name: Credit cards are not part of the money supply.
Brand: Quizplus
Rating: 4.7 (44 reviews)

Question

Quizplus · Accepted Answer

Credit cards are a means of borrowing money and do not represent actual money in circulation, therefore they are not considered part of the money supply. However, the credit extended by the issuer of the credit card can increase the money supply indirectly if the credit is used to make purchases.

Credit Cards Are Not Part of the Money Supply