According to this article, central bankers all over the world are all like “We can’t print fast enough! There’s so much demand!” Analogous to “trust me, the offering is oversubscribed”? I wonder...
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“The value of U.S. dollars in circulation hit about $1.7 trillion last year ($12.4 billion of it in $1 bills; $1.3 trillion of it in $100 bills) according to the U.S. Federal Reserve. That is up from $1.2 trillion in 2013.”https://www.wsj.com/articles/the-worlds-cash-is-disappearing-bankers-arent-sure-where-it-went-11576184491 …
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