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Replying to Avatar miles 🌞

1.) Roughly half of all US Dollar Deposits in circulation are held by foreign entities in foreign Banks 🔴

2.) Roughly 20% of all US Domestic US Bank Deposits reside in accounts owned by foreign entities and individuals 🔵🟡

3.) Only 32% of all US Dollar deposits in circulation, roughly $9.4 Trillion, are owned by US Entities and individuals, and held in Domestic US Banks 🟢

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kennytaylor 2y ago

Almost like our system is propped up by foreign demand for US dollars..

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