circulating medium

At first, it was thought that some sort of circulating medium must be used, that life could not be transacted without it.

The paper of this bank is now the principal circulating medium of this colony.

These increased prices and wages have required increased circulating medium.

But it is also true that money or other circulating medium is unprecedently plentiful.

We feel that to the policy pursued by them, we are indebted for all the evils we experience for want of a circulating medium.