Reply to post: Re: new money!

Thailand bans use of crypto for payments

Snake Silver badge

Re: new money!

"80% of US dollars currently in existence were printed in the last 22 months."

This claimed 'fact' does not prove anything substantial. Both paper bills and coinage are created to replace worn out currency; that "80% of US dollars currently in existence were printed in the last 22 months" could simply be written down to the currently quite-active economy's money exchanges trading hands so often, that they keep wearing all the bills out!

Or, conversely, every person now leaves their money in their pants pockets during the wash, with similar results :)

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