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Currency in circulation

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Currency in circulation
Paper money, coins, and demand deposits that constitute all the money circulating in the economy.


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That keeps inflation in check, but higher interest rates also reduce the amount of local currency in circulation, which makes demand for the real increase.
Right now, there's approximately $70 million in counterfeit currency in circulation worldwide out of approximately $620 billion in genuine currency.
Inflation: an increase in the amount of currency in circulation, resulting in a relatively sharp and sudden fall in its value and rise in prices.
 
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