12-18-2021, 02:41 AM
80% of all dollars in existence were created in the last 2 years. This is why I clos
<!-- SC_OFF --><div class="md"><p>Just take a look at this chart. It looks like some shitcoin on pancakeswap. Sadly it's not a pump and dump. It's pump only.</p> <p><a href="https://fred.stlouisfed.org/series/M1SL">https://fred.stlouisfed.org/series/M1SL</a></p> <p>M1 is the total circulating currency supply in the economy outside of treasury consisting of physical currencies and checking deposits.</p> <p>At the beginning of the Covid pandemic the M1 money supply which is known as narrow money was $4 trillion USD.</p> <p>The current M1 money supply is $20 trillion USD. It's gone up five times over in less than 2 years. If you're wondering why prices of basic goods are skyrocketing it's because there's now five times more dollar supply.</p> <p>In this situation congress is about to raise the debt ceiling again by 2.5 trillion dollars. US debt is already over 30 trillion.</p> <p>Bitcoin's monetary policy hasn't changed even once since 2008 and it never will. It keeps working flawlessly based on pure math instead of someone constantly meddling with it.</p> <p>I'm done playing their game. If the players all quit, their game is over. It's that simple.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/KAX1107"> /u/KAX1107 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rinfk9/80_of_all_dollars_in_existence_were_created_in/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rinfk9/80_of_all_dollars_in_existence_were_created_in/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Just take a look at this chart. It looks like some shitcoin on pancakeswap. Sadly it's not a pump and dump. It's pump only.</p> <p><a href="https://fred.stlouisfed.org/series/M1SL">https://fred.stlouisfed.org/series/M1SL</a></p> <p>M1 is the total circulating currency supply in the economy outside of treasury consisting of physical currencies and checking deposits.</p> <p>At the beginning of the Covid pandemic the M1 money supply which is known as narrow money was $4 trillion USD.</p> <p>The current M1 money supply is $20 trillion USD. It's gone up five times over in less than 2 years. If you're wondering why prices of basic goods are skyrocketing it's because there's now five times more dollar supply.</p> <p>In this situation congress is about to raise the debt ceiling again by 2.5 trillion dollars. US debt is already over 30 trillion.</p> <p>Bitcoin's monetary policy hasn't changed even once since 2008 and it never will. It keeps working flawlessly based on pure math instead of someone constantly meddling with it.</p> <p>I'm done playing their game. If the players all quit, their game is over. It's that simple.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/KAX1107"> /u/KAX1107 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rinfk9/80_of_all_dollars_in_existence_were_created_in/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rinfk9/80_of_all_dollars_in_existence_were_created_in/">[comments]</a></span>Kind Regards R