30% of all the dollars in existence were printed in 2020 and handed out as stimulus checks and foreign aid. Since then, we have had about a 30% inflation when you put everything together.
Is that only taking into account physical printing or all printing of money even the digital shit? We already know that 99% of the money that exists in the US dollar is not physical. They can be “printed” just by adding some numbers on a computer.
30% of all the dollars in existence were printed in 2020 and handed out as stimulus checks and foreign aid. Since then, we have had about a 30% inflation when you put everything together.
“They only printed notes worth $146 million in 2020 (https://www.federalreserve.gov/paymentsystems/2020_currency_print_orders.htm). For comparison, the Treasury printed $206 million in 2019 and $233 million in 2019 (more than 2020).”
(https://medium.com/@sohitmiglani/is-it-a-big-deal-that-40-of-usd-was-printed-in-the-last-12-months-no-its-not-13e7206e5001)
2020 was actually the year with the fewest notes printed in the last decade.
https://www.federalreserve.gov/paymentsystems/initial_2023_currency_print_order.htm
Is that only taking into account physical printing or all printing of money even the digital shit? We already know that 99% of the money that exists in the US dollar is not physical. They can be “printed” just by adding some numbers on a computer.