Fiat & other money

From Dollardaze.

Country…………………………… Amount% of all Circulating Currency
European Union EUR …………………….1035.2………… 24.30%
United States USD………………………. 850.7 …………19.97%
Japan JPY …………………………………762.4………… 17.90%
China CNY………………………………… 492.3……….. 11.56%
India INR …………………………………..140.3………… 3.29%
Russia RUR ………………………………..110.8 ………….2.60%
United Kingdom GBP………………………. 87.5………… 2.05%
Canada CAD……………………………….. 43.8………… 1.03%
Switzerland CHF…………………………… 40.3………… 0.95%
Poland PLN…………………………………. 37.7………… 0.89%
Brazil BRL ……………………………………37.3………… 0.88%
Mexico MXN………………………………… 34.3……….. 0.81%
Australia AUD………………………………. 32.4……….. 0.76%
Others (89) -……………………………… 554.9……… 13.03%

The chart provides a clear visualisation of just how much inflation exists in the system on money and money substitutes. The next chart depicts [the current] currency supporting that leverage, or inflation.

$4.5 Trillion supporting some $60 Trillion in leverage or inflation. To prevent the total collapse within the leverage [inflation] proceeding to a deflation, governments are rapidly expanding the currency in circulation. This it is hoped will stabilise the existing level of leverage, and fuel a further expansionary inflation.

The inverted pyramid shape looks inherently unstable. By expanding the tip of the pyramid, you devalue the real liabilities that form the unwieldy base [inverted] and stabilise the structure.

The winners will be the money substitutes, forming the base, that can be devalued the least by an inflation. They are intrinsically resistant to expansion, except through time and effort [labour + capital]