by a__square__peg Source: https://fred.stlouisfed.org/series/CURRCIR Total global wealth is estimated to be about $420T in 2021 source. This gives M0 supply of about ~1.5% to wealth ratio, based on about $6.6T of currency in circulation. Hal Finney’s estimate of $10m per coin was calculated …
via CNBC: U.S. $100 bills in circulation hit an all-time high last year, according to new data from the Federal Reserve out this week. Meanwhile, overall global demand for cash is slowing down. Some say the surge in $100 bills …
by visualcapitalist When you think about it, the journey of each individual currency note is pretty incredible. After being printed or minted, each bill is then passed between people and businesses to facilitate transactions. If it’s a $1 or $5 bill, …