by Steve St. Angelo
The Federal Reserve issued a RECORD amount of new Currency in Circulation over the past two months. While the financial media has focused on the massive amount of additional “Digital” money printing, the Fed also introduced more new DOLLAR BILLS into the market from March to May than it did all last year.
According to the St. Louis Fed, Currency in Circulation increased a staggering $122 billion from March to May. If we look at the chart below, we can see that the annual increase in U.S. Currency in Circulation ranged between $80 to $100 billion per year. However, the Federal Reserve increased the total Currency in Circulation by $122 billion from March to May: