You are viewing a single comment's thread from:

RE: Bitcoin inflation rate to drop below that of the USD for the first time ever!

in #bitcoin6 years ago

I haven't checked the link yet but does M1 account for money taken out of circulation each day as well?

Sort:  

If you mean bank notes and coins replaced, yes it does. But M1 also includes bank deposits. Narrow Money only includes notes and coins in circulation, but that's not a good figure to compare to because in the fiat system notes are created on demand.

Yep that is what I was referring to.

Coin Marketplace

STEEM 0.29
TRX 0.27
JST 0.044
BTC 101735.14
ETH 3679.67
SBD 2.59