“This is a shocking chart, and there's actually a lot of debate amongst economists as what is going on here. This is the checking deposits and currency in household checking accounts. We are seeing 5 trillion in cash sitting in people's checking accounts. This goes back to 1950. Look at this and it spiked up here in Covid. It went up 5x post-Covid. Is that nuts?" Bob Fraser https://www.thebillionairepodcast.com/73
"We are seeing 5 trillion in cash sitting in people's checking accounts."
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