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419- $100 Bills: Berkshire Meeting part 3
InvestED: The Rule #1 Investing Podcast
The Impact of Inflation on the Economy
In 2010, the Federal Reserve printed $1.6 trillion of $100 bills to stimulate the economy. The money is still under people's mattresses; they don't know it's not having an impact. But when you go to the actual pile of money, which is a, uh, called the M2 supply, that includes all the digital currency, there's just way more cash floating around. And so now all this excess cash potentially can come floating out into the economy in a way that the Fed didn't want or expect.
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