Ah, you are correct. But I think that limit was said to be arbitrary and I think it is only set currently due to FP limitations. I am probably wrong though. In

Ah, you are correct. But I think that limit was said to be arbitrary and I think it is only set currently due to FP limitations. I am probably wrong though. In any case, I think the terminology will evolve as you have suggested. In your example of money in circulation, you have to include the debt money as well though because that is traded as if it exists.