M1 The coins, paper currency, demand deposits, other checkable deposits, and traveler’s checks that compose the basic money supply in the United States. Related Related Articles: Glossary: LGlossary: M2Glossary: M3How the Fed Solves the Old Money ProblemWhere Cash (sort of) Rules Ann Mills Share This Previous Articlegross national product (GNP) Next ArticleM2 December 17, 2020