![]() M2 money supply is less liquid in nature and includes M1 plus savings and time deposits, certificates of deposits, and money market funds. M1 money supply includes those monies that are very liquid such as cash, checkable (demand) deposits, and traveler’s checks. We will discuss this further later in the module, but for now, there are two definitions of money: M1 and M2 money supply. The Federal Reserve Bank, which is the central bank of the United States, is a bank regulator and is responsible for monetary policy and defines money according to its liquidity. Thus, $10 in your savings account is less liquid. You must go to the bank or ATM machine and withdraw that cash to buy your lunch. However, $10 that you have in your savings account is not so easy to use. Your $10 bill can be easily used to buy a hamburger at lunchtime. Liquidity refers to how quickly a financial asset can be used to buy a good or service. But what about checks or credit cards? Are they money, too? Rather than trying to state a single way of measuring money, economists offer broader definitions of money based on liquidity. Compared to the previous generation, the M2 is supposed to provide 2.8x faster gameplay in Resident Evil Village and according to Apple to M2 chip will provide 15x faster speeds than the fastest Intel-based Mac mini.Cash in your pocket certainly serves as money. These specs are definitely impressive compared to the M1's 8-core CPU and GPU.Īpple has made some bold claims regarding the M2 Mac mini, such as a 35% faster GPU that promises to run No Man’s Sky and Resident Evil: Village (again, unsure as to why Apple is tapping into the gaming market) at impressive frame rates considering it uses an integrated GPU. With the M2 chip you’re getting an 8-core CPU with 10-core GPU, and the new Mac mini (2023) also features the M2 Pro, with up to a 12-core CPU and 19-Core GPU – the first time a Mac mini has had a truly professional-grade chip. On the other, if you’re using more than one program that demands a whole lot of memory, and you also need some of that memory for graphics, your Mac will not be happy. On one hand, your PC has unlimited access to this big pool of memory, making it super-quick. The M1 mini has unified memory shared between the CPU and GPU, and this is both great and awful depending on how you’re using your Mac. In our review of the M1 Mac mini, we praised its performance during our benchmarking tests and everyday use, making a specific note of just how silent the little box of bits was throughout all of it. (Image credit: Apple ) M1 Mac mini vs M2 Mac mini: performanceĪgain we can’t say too much about the M2 Mac mini performance just yet, but we can muse between the M1 performance and what we know about the M2 chips and how they compare. You can’t pick a winner here if they’re exactly the same. So, we’re going to have to call it a tie in terms of design. In terms of ports, the M2 Mac mini has two Thunderbolt 4 ports (four for the M2 Pro version) and two USB-A ports and one HDMI port. We can only speak from what we see in photos and on their site, but the devices are exactly the same in terms of things like weight and depth, and support for headphone jacks (the M2 Mac mini supports high-impedance headphones as well). ![]() We note that even with the strict dress code, the Mac mini looks sleek and retro-futuristic. In our Apple Mac mini (M1) review, we acknowledged that the look of the Mac mini doesn’t really matter as it’s designed to be placed on your desk and take up as little space as possible. The M1 and M2 Mac minis look identical and that’s fine, but not great. The latest MacBook Air (M2, 2021) was the last big design change the company attempted but we see nothing of the sort with the Mac minis.ĭesign change doesn’t matter so much with Mac minis as it does with MacBooks, though it's a shame to see Apple doubling down on such drab aesthetics when the latest iMacs have been praised for their colorful redesigns. Obviously, in terms of actual aesthetics, there is absolutely no difference between the M1 and M2 Mac mini. Of course, we can't be sure until we have the kit in our hands, but on paper from what we know the M2 Mac mini takes the cake for value.ĭon’t forget, the Mac minis come just as they are, and your mouse, keyboard and monitor are sold separately. ![]() Considering you’re getting twice the memory bandwidth, 8K and gaming capabilities all in one little box that’s a pretty big deal.įor a lower price, you’re apparently getting basically double productivity in every aspect from video editing, coding, photo editing and anything else you could think of maxed out in terms of performance. ![]() The new Mac mini (M2, 2023) starts at $599 which is honestly an astounding launch price for Apple. ![]()
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