Interesting, thanks for posting.
"The "M0" money supply is the total of all physical bills and currency, plus the money on hand in bank vaults and all of the deposits those banks have at reserve banks. As of mid-2009, the Federal Reserve said that this amount was about 908 billion dollars."
Well they could pay off Australian debt with actual money which is approaching a trillion AUD apparently. Then they could go out for ice cream lol. (flavours will depend on the currency exchange at the time).
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Interesting, thanks for posting."The "M0" money supply is the...
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