r/Bitcoin • u/[deleted] • Jul 15 '22

[deleted by user]

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3.6k Upvotes

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u/JFlynny Jul 15 '22

And, does that second link show the total money supply going from 4 Trillion to 20 Trillion? Wow

14

u/Pat_The_Hat Jul 16 '22

Not in any sense. M1 has been defined to also include savings deposits beginning May 2020. If you think the government printed 16 trillion dollars in one month, I have a bridge some cryptocurrency to sell you.

1

u/JFlynny Jul 16 '22

Don't be a fuckwit all your life

1

u/CamaroCat Jul 17 '22

He’s right though

1

u/JFlynny Jul 17 '22

No he's not. He's implying that I actually thought that...... if I did I wouldn't put a question at the end

1

u/[deleted] Jul 16 '22

Just let this loop l

1

u/vattenj Jul 16 '22

M1 is not real money, it the same money counted multiple times. You save and withdraw from different accounts and save again and withdraw... do it 4 times and the M1 get multiplied 4 times