Re:Ask HN: Predictions for 2021?
by jhayward on Friday January 01, 2021 @11:23AM
(#25604312)
> 50% of all US currency is printed between now and the end of 2021
I don't see why the Treasury and Mint would start making more paper money and coins.
It really bugs me when people incorrectly talk about the money supply as 'currency'. Currency is printed by the US Mint/Treasury. Money appears out of thin air when banks make loans.
I don't see why the Treasury and Mint would start making more paper money and coins.
It really bugs me when people incorrectly talk about the money supply as 'currency'. Currency is printed by the US Mint/Treasury. Money appears out of thin air when banks make loans.