Time deposits超过10万都不算，不管期限

The smallest and most liquid measure, M0, is strictly currency in circulation plus commercial bank reserve balances at Federal Reserve Banks; M0 is often referred to as the "monetary base." M1 is defined as the sum of currency in circulation, demand deposits at commercial banks, and other liquid deposits; it is often referred to as "narrow money." M2 is everything included in M1 plus savings accounts, time deposits (under $100,000), and retail money market funds.