It is the amount issued, not the note denomination, that leads to inflation.
What the U.S. has done in the last 8 years should be leading to massive inflation, but we have not seen it.
Lots of people are scratching their heads over that one.
US currency is still the backup currency all over the world. Once there is a currency with better long term stability, the dollar will reveal its true value. I’m not holding my breath.
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SOMEONE knows the answer but we ain't NEVER gonna hear about it.