On the face of it, the M4 measure of broad money (cash and deposits) has been growing fast.

从表面上看，广义货币（现金和存款）衡量指标M4已处于快速增长中。

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Goldman Sachs reckons that growth in China's M3 measure of broad money has quickened to 20% over the past year.

据高盛估算，以M3衡量，中国广义货币的同比增速已加快到20%。

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Unlike the Federal Reserve, its older American cousin, it still collects and publishes estimates of M3, a broad measure of the money supply.

不像它的美国老兄弟美联储，欧洲央行依然在收集和发布对广义的货币供应指标M3的估值。

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The Bank of England has been focusing on an underlying measure of broad money, which excludes holdings by specialist financial firms.

ECONOMIST: The Bank of England's next step

America's measure of broad money rose by only 1.6% in the year to April, and fell slightly in the second half of that period.

ECONOMIST: Financial markets

And with a dollarized monetary regime, the M3 measure of broad money would soar from its current anemic annual growth rate of about 6% to between 20% and 30%.

FORBES: The Confidence Question