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Can you explain then why our private bank accounts didn't see the biggest annual growth ever? There is more money in circulation than ever before!

• suddenclarity 4y ago
  I don't agree with the orginal statement because increased revenue doesn't necessarily equal profit but a simple explanation to your question is that the amount of humans increase. This results in increased demand bur doesn't mean that every person gets more. Similar how GDP has been increasing in Sweden for a long time but GDP per capita hasn't.
• abigail95 4y ago
  It did? Personal savings has the same "covid spike" in the graph as many other metrics do.
• ddtaylor 4y ago
  Most metrics do actually go up right now because of the massive inflation and the massive amount of money that was printed with the stimulus. I wouldn't argue that people are " richer" because they're purchasing power has been massively eroded, but across the board the numbers have went up technically.
• Am4TIfIsER0ppos 4y ago
  Inflation is designed to steal your money in a way other than taxation.
• deleted 4y ago
  [deleted]