Over a 49 year period (between 1959 and 2008), the US dollar grew to have a total supply of $7.5T.

That supply then doubled from 2008-2020 (~$7.5T to ~$15T) – meaning the Fed essentially printed close to a half century’s worth of dollars, in just over a decade. 🖨️

Downside: This isn’t great for the US dollar, as wild increases in supply debases its overall value.

Upside: When this newly printed cash finds its way into scarce assets (like crypto), it tends to have the opposite effect – increasing the assets value, instead of lowering it.
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