4 ms·
> 80% of dollars were printed (=made up digitally) in the last 3 years Doesn't seem like it [0]: > [...] so it printed about 8% of the currency. An approximat
by alpaca128 3y ago
> 80% of dollars were printed (=made up digitally) in the last 3 years
Doesn't seem like it [0]:
> [...] so it printed about 8% of the currency. An approximately equal amount of currency was destroyed
> The reason for the sharp upturn in M1 in 2020 is that the measure was redefined in May 2020
[0] https://skeptics.stackexchange.com/a/53092 https://skeptics.stackexchange.com/a/53092