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[Music] hi im ben rapont i want to talk about currency the federal reserve bank of the united states is in charge of the printing of currency they used to print currency today they actually only print currency to replace currency that goes out of circulation because the bills are worn or lost or something but the amount of printed currency thats in circulation i dont think has expanded or expanded much so where does the expansion of currency come from somewhere along the line in the age of computers the amount of currency the the expansion of currency happened digitally so the throwing of trillions of dollars into the system happened with the press of a button so the dollar bills that we have yes were printed and yes they represent that but the amount of dollars in circulation i think most of them are digital this chart shows this a federal reserve chart it shows the dollars that are in circulation this goes back to about 1981 1980 and shows the expansion of currency and you can se
