Sublime

Global liquidity, which I measure as global broad money supply of major currencies, translated into a dollar denomination, continues to be rangebound as well. The weaker dollar index has been supportive for global liquidity growth in recent months, but China’s flat money supply from March 2024 to the present has been a drag on global liquidity grow

The sum total of money in the world is about $60 trillion, yet the sum total of coins and banknotes is less than $6 trillion.7 More than 90 per cent of all money – more than $50 trillion appearing in our accounts – exists only on computer servers.

Money is a technology, invented by humans as a tool to help us get things done. Throughout the ages, money's role has been to provide a readily accessible ("liquid") store of value that acts as a unit of account, to compare the value of different things, and as a medium of exchange between buyers and sellers. In the world today, the curre

The sum total of money in the world is about $60 trillion, yet the sum total of coins and banknotes is less than $6 trillion.7 More than 90 percent of all money – more than $50 trillion appearing in our accounts – exists only on computer servers.

The sum total of money in the world is about $60 trillion, yet the sum total of coins and banknotes is less than $6 trillion.7 More than 90 percent of all money – more than $50 trillion appearing in our accounts – exists only on computer servers.

Chinese proverb says wisdom begins with calling things by their right name.