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The high interest seems to be pulling HBD off the exchanges and into savings. It takes three days to withdraw money from savings; So transferring to savings actually takes the HBD out of circulation.

I am increasing my savings ... I have no plans to withdraw or use it for the next several years.

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That makes a lot of sense and is getting over my head. In order to drastically increase circulating liquidity, institutions usually print money via bond emissions. But it takes a real @taskmaster4450 to make sense on topics like this.