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Wrong! Since 1990 Japan has indeed only added $6tr of Money (M2), but as their GDP hasn't really grown that's an additionall 80% of GDP in terms of Money (the
by thedudeabides5 7y ago
Wrong!
Since 1990 Japan has indeed only added $6tr of Money (M2), but as their GDP hasn't really grown that's an additionall 80% of GDP in terms of Money (the same meausure for the US is up 15%)
China on the other hand, money is up 150% of GDP, which clocks in at $26 Trillion dollars (a bit more than 100% of US GDP).
https://rose.ai/dashboard/someone.on.the.internet.is.wrong.about.money.supply.20191221 https://rose.ai/dashboard/someone.on.the.internet.is.wrong.a...