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When I said "infinite leverage", what I meant was that there is no upper limit to the amount of leverage (debt, or credit) that any one entity can have. There's
by brenden2 7y ago
When I said "infinite leverage", what I meant was that there is no upper limit to the amount of leverage (debt, or credit) that any one entity can have. There's also no limit on the total amount globally. The US government, for example, can print infinite money and create infinite debt.
- arbitrary_name 7y agoTheoretically yes, practically no. So what?