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The U.S. Treasury printed another $243 billion worth of paper money in 2018, with the majority being issued as $100 Federal Reserve Notes. What’s interesting is that the Reserve Banks estimated the number of notes they were going to remove from circulation and destroy accounted for 75% of the U.S. Treasury 2018 print order.

However, according to the FederalReserve.gov website, the currency in circulation in 2018 increased by approximately $100 billion:

U.S. Total Value Currency in Circulation

So out of the $243 billion in new printed Federal Reserve Notes in 2018, only $100 billion were used to increase the total Currency in Circulation. But, we also must take into consideration the stockpile of new notes sitting at the Federal Reserve Banks besides the new 2018 printed notes.

Either way, the U.S. Treasury printed $243 billion in new Federa ... Read more »

Views: 38 | Added by: moneymetals | Date: 19/09/27