Paul Mangione Fort Schuyler Advisors

Federal Reserve data showing number of Federal Reserve Notes in circulation.

Since 2017 there have been more $100 notes than $1 notes.

In 2018, the Chicago Fed estimated that 80% of $100 notes are overseas.

Paul Mangione

Fort Schuyler Advisors

www.ftschuyler.com

#fed #federalreserve #banks #bank #banking #money #dollar #inflations #interest

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Manhattan Monthly Commercial Building Permits are below 1990 levels.

It appears that tenants move out and new ones do not move in so no new repairs or upgrades being made.

Looking at details from 2010 to 2019, monthly permits varied but centered around 3500 per month. Early in the pandemic…

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Cox Automotive Inc. and Manheim data show wholesale used vehicle prices increased 3.1% in the first 15 days of December compared to the month of November. This brought the Manheim Used Vehicle Value Index to 239.8, a 48.9% increase from December 2020. As was the case in October and November, much of the monthly increase was a result of the seasonal adjustment. The non-adjusted price increase through mid-December was 0.7%.

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Last 12 Months of CPI % Change (All Items) versus Bitcoin Price

Paul Mangione

Fort Schuyler Advisors

www.ftschuyler.com

#CPI #inflation #economy #economics #bitcoin #bitcoinnews#btc #btcnews #btcusd #cryptocurrencies #cryptocurrecy #cryptocurrencynews #crypto #cryptoassets #cryptoasset #business #innovation #technolgy

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By looking at the current Bitcoin network hashrate, we can estimate the range of power and energy usage.

S19 Pro (one of the most efficient miners) specification can give the low end levels and S9 specification (a still effective by lower efficiency miner) can help estimate the high end levels.

On the low end levels are power usage of 4.7 GW and a one year energy usage of 41.4 TWh. High end levels 15.7 GW and 137.4 TWh.

Paul Mangione

Fort Schuyler Advisors

www.ftschuyler.com

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Paul Mangione

Paul Mangione

Fort Schuyler Advisors www.ftschuyler.com, ex Apollo Management, MIT EECS BS/MS.