EC IL | Red Paint - 2/11/2021 15:58
Keep in mind that a significant portion of that total supply is in the hands of the extremely wealthy (talking Bill Gates class), which is one reason the velocity has reached such a low point. It doesn’t move, and it won’t be any time soon.
So you're saying Bill Gates has a bunch of moldy cash under his mattress?
Or, do you not know what M1 money is?
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US M1 money supply
