Mario had an interesting stat in this video about the amount of 'vault money' on hand compared to money loaned out.
$1.89 for every $100 on deposit in banks 2020. Previously it was $4.23 for every $100 1980.
Apparently they stopped reporting this stat back in early 2000's for obvious reasons.
Timestamped video here...
https://www.youtube.com/live/9qS3F73LlBI?si=vBBkEoeKzfhCbrFn&t=1445
#m2 #money #banks #debt