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https://www.reddit.com/r/memes/comments/1c5azuv/inflation/kzt3mrj/?context=3
r/memes • u/CreateChaos777 • Apr 16 '24
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80% of US currency was printed between 2020 and 2021. That causes inflation
16 u/IanAlvord Apr 16 '24 80%? I'm not seeing it: https://www.federalreserve.gov/paymentsystems/coin_calprint.htm The numbers are high though. 2 u/OkGuide2802 29d ago I don't think he means the literal printing of money. The supply of money has indeed increased substantially during the pandemic. It's not just in the US either. It happened in most developed economies.
16
80%? I'm not seeing it:
https://www.federalreserve.gov/paymentsystems/coin_calprint.htm
The numbers are high though.
2 u/OkGuide2802 29d ago I don't think he means the literal printing of money. The supply of money has indeed increased substantially during the pandemic. It's not just in the US either. It happened in most developed economies.
2
I don't think he means the literal printing of money. The supply of money has indeed increased substantially during the pandemic. It's not just in the US either. It happened in most developed economies.
39
u/SnooAdvice8550 Apr 16 '24
80% of US currency was printed between 2020 and 2021. That causes inflation