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1

If you're willing to expand your definition of money, then yes, and easily: You can get broad money measures (M2, M3 and M4) as a percent of nominal GDP ($\frac{M}{PY} \times 100%$) from the World Bank for several decades for many countries (mileage will vary depending on particular country). Just divide by 100 and invert. By the quantity theory of money, ...


0

According to standard monetary equation: $$MV=PY$$ Where $M$ is the money supply, $V$ velocity of money, $P$ price level and $Y$ real output. And where the‘value’ of money is inversely proportional to the price level $P$, we can rearrange the above for $P$ to see how it changes when parameters change and from that we can infer what happens to the value of ...


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Both are right. the FED is indeed not printing anything; i assure you no green notes were made in this process. it's all electronic and the accounting checks out of course. the first part of the comment you highlight is a big shortcut, the second which deals with seigniorage is more in tune with reality so let's start with that. The Fed has a around 4T of ...


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