U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Science and Technology > Cell Phones and Smartphones
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 05-04-2016, 09:16 PM
 
Location: Berkeley, Denver, CO USA
15,862 posts, read 23,866,702 times
Reputation: 27321

Advertisements

Quote:
Originally Posted by PacoMartin View Post
A lot of people say that, but in reality the amount of cash circulated by the US government keeps going up at astounding rates.
Yes, because the USD is a reserve currency and a safe haven of value.
All that cash is extra territorial.
Rate this post positively Reply With Quote Quick reply to this message

 
Old 05-05-2016, 12:05 PM
 
10,826 posts, read 11,692,264 times
Reputation: 5973
Quote:
Originally Posted by davebarnes View Post
Yes, because the USD is a reserve currency and a safe haven of value.
All that cash is extra territorial.
Well, there is a standard argument that reserve currencies circulate overseas as well. So UK, Canada, and Australia are maintained at a steady percentage of GDP, while reserve currencies USA, EURO, Singapore Dollar, Hong Kong Dollar tend to grow faster than GDP. Japan is a reserve currency, but Japanese maintain a steady fan of cash, and use it far more than almost everyone else in the world.



.2010 .2011 .2012 .2013 .2014
3.52% 3.57% 3.63% 3.58% 3.62% United Kingdom
3.72% 3.67% 3.76% 3.77% 3.80% Canada
4.14% 4.06% 4.15% 4.29% 4.41% Australia
7.91% 8.23% 8.12% 8.37% 8.82% Singapore
6.57% 6.93% 7.24% 7.45% 7.74% USA
9.05% 9.32% 9.53% 9.87% 10.31% Eurozone
13.28% 13.96% 14.82% 15.91% 15.67% Hong Kong
17.99% 18.78% 19.19% 19.74% 20.04% Japan
Rate this post positively Reply With Quote Quick reply to this message
Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Science and Technology > Cell Phones and Smartphones

All times are GMT -6.

© 2005-2021, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top