Vice-President de Guindos confirms inflation stabilising across Europe. ECB balances inflation control with economic resilience. Global events and monetary policy shifts discussed in podcast
US M0 (domestic minted money) is projected at $1.5 trillion. Worldwide M0 is estimated at $5 trillion. M3 (broad money) represents all digital funds at $80 trillion
Hyperinflation is extreme price increases exceeding 50% monthly. Inflation is measured by CPI, which tracks prices of 94,000 commodities. Federal Reserve aims for healthy inflation rate of around 2%
Worldwide money supply is approximately $8.27 trillion in circulation. Total value of investments and cryptocurrencies exceeds $3.3 quadrillion. US Federal Reserve data shows $2.3 trillion in circulation and $3.1 trillion in reserves
Spanish silver dollar was adopted as national currency in 1792. Continental currency issued during Revolutionary War became worthless. Constitution included gold and silver clause prohibiting state paper money
Central banks exchange liquidity with banks through various transactions. Used as monetary policy tool to influence short-term interest rates. Less prominent since 2008 crisis due to floor system implementation