During the year I have reported on several of the monthly statistical updates provided by the Reserve Bank of Australia.  With the data for September 2020 just published, I thought it timely to update the earlier numbers and see what sense can be made of the data.Turning to cash first, the dual role of currency both as a store of wealth and means of payment has never been more apparent, as the numbers that report cash on issue and cash use remain dramatically different.Headline cash on issue – perhaps a better term than cash in circulation, as clearly large volumes of cash are being held and not circulated – continue to break month on month records, with the value of Australian Dollar banknotes reaching almost $96.5billion at the end of October 2020, a more than $13billion (16%) increase since the onset of the COVID pandemic in Australia at the end of February 2020.As previously reported, this growth has been predominantly in high value banknote denominations, [...]