jm ÐE¹Ýä`×SàîÓ=æ»QPB\(u!åÅcL£Oh yeah - this equation (GDP = V * M) is extremely misleading. When you charge something on your credit card or get a loan the issuer is literally printing money.
https://whatsonchain.com/tx/ac64b50fb3ff98a018ce6c72dd21ef4458181ebf4b482584dbbcad9b2779ad49