No more than 2.5% of all money in circulation is cash
There was some excellent commentary yesterday that I recommend. They revealed that total amount of money in circulation in the USA IS $20 TRILLION The total amount of physical money in circulation is 53 BILLION I did the calculations and that represents 2.65% of all the money in circulation More money has been created in the last 3 years than during the entire US history Before Nixon got rid of the gold standard that figure would have been 100% The…
