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>> No.12056645 [View]
File: 47 KB, 1173x445, 2018-12-08 14_29_27-Currency in Circulation _ FRED _ St. Louis Fed.png [View same] [iqdb] [saucenao] [google]
12056645

>>12056589
>In exchange for securities Fed created reserves for the banks. It's not cash, it's not injected into the economy. It just eases financial conditions for banks and helps them with lending. It certainly helped somewhat

Which resulted in an increase in the monetary supply. Just look at the chart YOU PROVIDED. Currency in circulation begins to increase at a faster rate after 2012, thanks to QE.

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