File: cryptowhale.swf-(4.24 MB, 700x500, Loop)
[_] Anonymous 01/12/21(Tue)15:56:04 No.3456923
Inflation aint nothing but a thang.
https://fred.stlouisfed.org/series/M1
3963.3 billion USD in circulation on December 30th 2019.
6523.5 billion USD in circulation on December 28th 2020.
2560.2 billion USD printed in 2020 = 39.25% of all USD were created in the last year.
This would mean hyper inflation for any banana republic, luckily the US isn't just any banana
republic so we'll see how this plays out.
Marked for deletion (old).
>> [_] Anonymous 01/12/21(Tue)20:45:00 No.3457029
to the mooooon
>> [_] Anonymous 01/13/21(Wed)00:27:49 No.3457086
>>3456923
>6523.5 billion USD in circulation on December 28th 2020
Wait, so that means that the national debt has been more than the total amount of dollars in
circulation for quite a while now?
>> [_] Anonymous 01/13/21(Wed)00:47:57 No.3457094
>>3457086
Maybe "in circulation" was the wrong words to use. Don't know how the US debt is calculated, as
far as I know it is basically how much the US owes to itself. It's not really a debt but rather a
representation of "value lost", or something? Maybe an expert can correct me.
Although it's possible for the debt to be higher than the amount of USD in circulation, since
there are other fiats and resources that carries value that could be represented as USD, even
though the combined USD value of all those resources doesn't exist.
>> [_] Anonymous 01/13/21(Wed)11:10:51 No.3457158
>>3457029
inflation to the mooooon
>> [_] Anonymous 01/13/21(Wed)11:35:32 No.3457162
The dollar is going to be worthless in a decade
>> [_] Anonymous 01/13/21(Wed)16:26:17 No.3457195
>>3457086
every dollar printed comes with 25 cent of interest
