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"a monetary policy that is not constrained by the presence of physical cash", that is like saying a democratic government that is not constrained by the need fo

"a monetary policy that is not constrained by the presence of physical cash", that is like saying a democratic government that is not constrained by the need for voting.

wl 6y ago
Democracy doesn't require elections. Sortition is the classical example, but there are others.
2038AD 6y ago
You know central banks aren't mining operations, right?