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Global Money Supply Hits Record $103.66 Trillion

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The post Global Money Supply Hits Record $103.66 Trillion appeared first on Coinpedia Fintech News

Global money supply has hit an all-time high of $103.66 trillion, with the Fed, ECB, Bank of Japan and PBOC alone adding $1 trillion in August, marking the 10th consecutive monthly increase. More money in circulation typically flows into assets like stocks, gold and Bitcoin. Separately, Iran’s oil exports have collapsed from roughly 2 million …

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