Zeev, as I told you before, the total US paper currency in circulation, in and out of the country is, according to the Fed H.6 ,
<< Aug. 3p 443.1 ----------------------------------------------------------------------
1. Currency outside U.S. Treasury, Federal Reserve Banks and the vaults of depository institutions.>>
bog.frb.fed.us
That is, grand total of US$443.1 billion on August 3, 1998. It is not physically possible to have <<About half a trillion of our money supply (paper dollars) is actually used in such "underground economies">>, particularly taking into account that not all of German, French, UK, and Japanese economy is "undeground", and that paper currency is still in use in US.
You like your own fantasies too much to stop telling them to innocent lurkers. |
