1.
currency circulation; money supply in circulation
The flow and distribution of money through an economy, or the total amount of currency currently in use. Used in economic discussions about monetary policy and the money supply.
When the amount of currency in circulation increases, inflation tends to occur.
Even as cashless payments advance, currency circulation will not completely disappear.
Composed of 通貨 (currency) and 流通 (circulation, distribution). This is a macroeconomic term frequently used in discussions of monetary policy, particularly regarding the Bank of Japan's decisions. Japan's unique monetary policy situation (long periods of low interest rates and quantitative easing) makes this term relevant in Japanese economic news.
Common collocations
- 通貨流通量: volume of currency in circulation
- 通貨流通の管理: management of currency circulation
- 通貨流通速度: velocity of money