Bitcoin Issuance Declines, US Money Supply Expands
September 15, 2022
Bitcoin issuance is decelerating, by design, while US money supply growth remains a function of central bank decisions.
Under 10% of bitcoins remain to be issued. In contrast, M2SL has expanded over 40% since the start of 2020, and continues to grow.
As always, please do not hesitate to contact us with any questions.
Horizon Kinetics LLC
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