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>> “Right now, some aspects of our current payment system are too slow or too expensive,” Yellen said on a Thursday call ... Yes, an even faster way for the FE
by oifjsidjf 4y ago
>> “Right now, some aspects of our current payment system are too slow or too expensive,” Yellen said on a Thursday call ...
Yes, an even faster way for the FEDs to print more money, since now they don't event need to print it, only copy paste it...
- strangattractor 4y agoSorry - that ship sailed long ago. There are roughly 40 billion dollars in actual notes in circulation. Far less that the ones and zeros in bank accounts. Having to print money has not been an impediment for some time.
- notch656a 4y ago~40 billion notes, not $40B USD. More like $2T USD.
- redanddead 4y ago40B / 330M (U.S pop.) would be roughly 122$ per person