A related graph on Currency in Circulation (I assume this is the total worldwide?): https://fred.stlouisfed.org/series/CURRCIR https://fred.stlouisfed.org/serie

A related graph on Currency in Circulation (I assume this is the total worldwide?): https://fred.stlouisfed.org/series/CURRCIR https://fred.stlouisfed.org/series/CURRCIR If I'm reading it right, that's like a 23% increase on US dollars in circulation (anyone understanding that differently?). If this is true, that should amount to about 23% inflation in the last ~2 years.