3 ms·
M2 is a measure of money supply. To get velocity you also need nominal GDP. M2 says nothing about velocity without taking into account the inevitable GDP change
by rodiger 7y ago
M2 is a measure of money supply. To get velocity you also need nominal GDP. M2 says nothing about velocity without taking into account the inevitable GDP changes. If you're looking for a googlable metric to look for, M2V is the Fed's calculated velocity of M2.