I think it's like 0.2-ish iirc. I remember during covid stimulus fed's assets were about 8Tn, and cash was about 1.5 Tn or something. Also worth noting vast por

I think it's like 0.2-ish iirc. I remember during covid stimulus fed's assets were about 8Tn, and cash was about 1.5 Tn or something. Also worth noting vast portions of that cash is held outside America and not really 'circulated' like cash in your pocket is.