re: Economics 101
But the total money supply is only a small fraction of that, even if you use M3 numbers. That impacts inflation, which impacts the real value of those 140 trillion in assets, the economy, foreign investment and etc etc etc.
Good lord, Scotty Boy, mistaking the composite value of illiquid assets for the supply of liquid fungible money is about as dumb as it gets. The disparity between the availability of money (IE amount) and the value of all assets is what makes most of those assets mean something- IE, have value!
"Me thinks the lady doth protest too much."
and methinks the idiot should read up on economics.
Yeti