How much percent of the total Euro Zone Euros was artificially added through systems like QE this century?
Until 2018, the ECB 'printed' € 2,500,000,000,000 (2.5 trillion) through quantitative easing, and then it proceeded to add € 20,000,000,000 (20 billion) per month "for as long as necessary", which is still ongoing and equals € 300,000,000,000 until now.
By the end of the year, another € 200,000,000,000 will have been generated, bringing the total to € 3,000,000,000,000 (3 trillion).
Adding the € 623,000,000,000 (623 billion) of ANFA assets the ECB has created, makes a total of € 3,623,000,000,000 (3.6 trillion)
That's more than € 10,000 per capita for every one of the 342 million Euro Zone citizens, giving me a rough impression of how much that actually is.
Now what I can't find, is the total sum of all Euros in existence. How much percent of the total Euro supply are these 3.6 trillion artificially created Euros?
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According to the European Central Bank, the money supply for Jan 2020 is 13,052 billion euros.
www.ecb.europa.eu/stats/money_credit_banking/monetary_aggregates/html/index.en.html
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