Global Money Supply Hits Record $103.66 Trillion

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 …