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What I want to explore in this video is the different ways of measuring the amount of money we have in circulation. So were going to start things with our Central Bank in the US. This would be the US Federal Reserve. And lets say that they print $4. And were going to focus, just for visualization purposes, on that theyre doing it physically. They could also do it electronically. But were just going to focus on the physical. And the way that they get this into circulation is it theyll take these $4 and theyll go buy securities in the open market, normally very safe and very liquid securities. Liquid means its very easy to buy and sell those securities in large quantities. For example, government treasuries is a liquid security, or liquid asset. PEZ dispensers would not be a liquid asset. If I bought a billion dollars worth of PEZ dispensers it would be very hard for me to sell-- one it would be very hard for me to buy a billion dollars worth. And it would be even probably even