Frank ly -in case u didn't know, more 💵 Benjamin s 💵 circulates worldwide outside than inside America
Bills Notes M0 "hardest" money supply . ~$5T only
#physical matters 🌊 335Million/8Billion #plebchain
Discussion
3 points to add.
The Eurodollar and not the USD is actually global reserve currency.
The Eurodollar is a centralized but distributed ledger. Doesnt work like a regular currency at all.
The Fed has less control over the details than people think. 50-75% of the money we think exists is only the froth of hypothecation generated by that Eurodollar system.