How Much Did They Print?
By A Mystery Man Writer
Description
The story goes something like: In the last few years, the Federal Reserve printed up to 80% of all bills that were ever in circulation. While Austrian economists have long recognized the superfluousness of central banking and understand the benefits of a decentralized monetary system, it's important not to give in to false ideas, even if they appear to support honest ones. It starts by recognizing the existence of various money supply measures. Perhaps the most shocking is the M1 chart
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80% of all US dollars in existence were printed in the last 22 months (from $4 trillion in January 2020 to $20 trillion in October 2021) – UPDATED - Tech Startups
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