3 ms·
> Most of us no longer us bank notes, yet the amount in circulation climbs. The plots you shared are meaningless if they are not normalized against the total m
by polygamous_bat 4y ago
> Most of us no longer us bank notes, yet the amount in circulation climbs.
The plots you shared are meaningless if they are not normalized against the total money supply. I think if normalized by total amount of money in circulation the percentage would be shrinking and not growing.