Rapidcreek@lemmy.world to politics @lemmy.world · 1 year agoFed keeps interest rates at 23-year highwww.npr.orgexternal-linkmessage-square29fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkFed keeps interest rates at 23-year highwww.npr.orgRapidcreek@lemmy.world to politics @lemmy.world · 1 year agomessage-square29fedilink
minus-squareCethin@lemmy.ziplinkfedilinkEnglisharrow-up0·edit-21 year ago“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
minus-squareshortwavesurfer@monero.townlinkfedilinkarrow-up0·1 year agoIs 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.
“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.