First I heard about this topic from RichDad Insiders. Then I heard it again and again from different sources… most interesting story’s have been when Mike Maloney is talking…
Today I would like to share with you two graphs:
M3 (money offering) of US Dollar:
Source: Seeking Alpha
M3 (money offering) of EURO:
Source: European Central Bank
What we see here?
Basically we see here that there is today 20% more US dollars and 12% more EUROs in circulation than one year ago!!!
Both of graphs show how many percents more currency is in circulation compared to a year ago.
To be honest both currencies have lost more value as these percents because central banks have sold at the same time also their assets – so there is less and less assets backing the same number of currency.
Read the original post:
Printing money by Federal Reserve in US and European Central Bank in EU
