Just what money is floating around is a good question at this time of year when many people are spending money they do not have to pretend to a lifestyle that is beyond their means.
But the problem may be bigger according to this article in Zero Hedge claiming that around a couple of hundred trillion, yes trillion, dollars are knocking around the system in terms of outstanding debts of one sort or another.
The information comes from Phoenix Capital and there is a free link claiming to offer a way of avoiding it all. Perhaps more in hope than anything.
The Phoenix is a creature in Greek Mythology who dies by fire and is then reborn out of the ashes. There are a number of variations of the myth. One aspect is that the time between demise and rebirth can be quite long.
So do not bet on it.