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No, it went up 500X (USD, 1923-2023). https://fred.stlouisfed.org/series/CURRCIR https://fred.stlouisfed.org/series/CURRCIR
by febeling 4y ago
No, it went up 500X (USD, 1923-2023).
https://fred.stlouisfed.org/series/CURRCIR https://fred.stlouisfed.org/series/CURRCIR
- boomboomsubban 4y agoThe profits more than doubled from 2021 to 2022, the amount of money in circulation did not. Plus this is a worldwide thing. And does currency refer to bills/coins or "money?"
- febeling 4y agoCurrency is just bills and coins. You know, we did some weird stuff with M1 in 2020, but if you must see it, here you go: https://data.oecd.org/money/narrow-money-m1.htm https://data.oecd.org/money/narrow-money-m1.htm