"Money supply (M2) in the U.S. has skyrocketed over the last two decades, up from $4.6 trillion in 2000 to $19.5 trillion in 2021.
The effects of the rise in money supply were amplified by the financial crisis of 2008 and more recently by the COVID-19 pandemic.
In fact, around 20% of all U.S. dollars in the money supply, $3.4 trillion, were created in 2020 alone.
#money #usa #inflation #debt #dollar
https://www.zerohedge.com/personal-finance/visualizing-plunging-purchasing-power-us-dollar
The effects of the rise in money supply were amplified by the financial crisis of 2008 and more recently by the COVID-19 pandemic.
In fact, around 20% of all U.S. dollars in the money supply, $3.4 trillion, were created in 2020 alone.
#money #usa #inflation #debt #dollar
https://www.zerohedge.com/personal-finance/visualizing-plunging-purchasing-power-us-dollar
"Money supply (M2) in the U.S. has skyrocketed over the last two decades, up from $4.6 trillion in 2000 to $19.5 trillion in 2021.
The effects of the rise in money supply were amplified by the financial crisis of 2008 and more recently by the COVID-19 pandemic.
In fact, around 20% of all U.S. dollars in the money supply, $3.4 trillion, were created in 2020 alone.
#money #usa #inflation #debt #dollar
https://www.zerohedge.com/personal-finance/visualizing-plunging-purchasing-power-us-dollar
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