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This is because it is about central bank reserves, a topic that to my dismay probably generates more confused and mistaken thinking than any other topic in econ
by nazgulnarsil 17y ago
This is because it is about central bank reserves, a topic that to my dismay probably generates more confused and mistaken thinking than any other topic in economics.
not understanding the basics of sovereign accounting is understandable. could you make heads or tails of a companies finance if they did all their accounting in their own stock?