Bitcoin and USD speed both crash – but BTC price reacted differently – Cointelegraph
There are more US dollars than ever before, but the pace at which they move through the economy has never been lower.
This was according to the Federal Reserve’s own statistics of August 31, which showed that a collapse in the speed of M2 money supply had occurred despite record money printing.
The rise of the “cantillionnaires”
M2 supply exceeded $ 18 trillion in 2020 thanks to coronavirus…
Discover more from USNewsRank
Subscribe to get the latest posts sent to your email.