How Many US Dollars Actually Exist?
From Greg M
Lions and friends…
How many U.S. dollars are there right now?
As of September 20, 2023, the Federal Reserve estimated that the total amount of currency in circulation was approximately US$2.3 trillion.
Yes, you read that correctly!
On Earth, there is only $2.3 TRILLION actual dollars… The rest of it, including the near $34 TRILLION in US debt IS NOT ON THE ELEMENTAL CHART!
It does not exist.
Every central banks SINGLE PRODUCT is debt, which they issue to the world.
We are in a FULL-BLOWN liquidity CRISIS! Even though the world is SATURATED WITH DEBT, there is NOT ENOUGH!
Look for more war, and every other unimaginable reason for these institutions to HYPER-fuel the debt…
Remember, the more debt a central bank can issue, or is called on to issue, THE STRONGER THEY BECOME.
GM
Exactly.
I don't know, but... I do think there will be a short squeeze on physical dollars, where value will TEMPORARILY jump (Like Coins during COVID or lumber price) Before dropping in relative value again and becoming the excuse to completely digitize the dollar -
We shall see, we shall see. Either way, NOT letting Bank hold it! ~Lava
There's far more USD debt than those $33T