MZM

Zero interest money.

1. Minus the personal savings.

Zero interest money minus personal savings.

MZM compared to M1 and M2...and M3.

MZM divided by M1 (blue), M2 (red), and M3 (green).

2. MZM/M1 from 1990 to present, included S&P 500 Index.

MZM/M1 (blue); S&P 500 Index (red).

3. MZM divided by total debt, and gross savings.

MZM divided by gross savings (blue); total debt divided by MZM (red).