In August, GMB fell by 0.4% MoM and has fallen by $194 billion, or 0.8%, over the last twelve months. Inflation is caused by excessive monetary growth, but the money supply has decreased by 3.7% over ...
All forms of money are not equal. The highest rung is occupied by cash. The only digital asset capable of replicating such a safe position is a CBDC. Safe in terms of liquidity and counterparty risk.