I don't see money as a "store of value." It represents value. It does not store it. It's primary value is in lubricating trade so you don't have to trade a whole bunch of stuff to get the one thing you want. You can just get money and then go get Thing You Want.
I don't agree with your conclusions but the history part was interesting. Thank you for sharing that.
Edit: Also, 12 trillion dollars divided by 311 million people in the US is only $38585.20900321543 per person. Not such a crazy high number for the money supply given that this is a wealthy nation.
I don't agree with your conclusions but the history part was interesting. Thank you for sharing that.
Edit: Also, 12 trillion dollars divided by 311 million people in the US is only $38585.20900321543 per person. Not such a crazy high number for the money supply given that this is a wealthy nation.