Re:Does the $2T crypto loss balance out the $2T money supply...
by WheelsAtLarge on Wednesday January 11, 2023 @02:28PM
(#34343292)
No, crypto is outside the US money supply. For the most part crypto needs to be converted to US dollars to be useful so the crypto money supply doesn't compete for goods and services so it mostly does not affect inflation. If ever it becomes a second money supply then it will have an impact.
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