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Two things: 1) Politicians around the world are circumventing central banks with special laws, guaranteed loans programs. 2) Central banks can just "temporari
by raducu 6y ago
Two things:
1) Politicians around the world are circumventing central banks with special laws, guaranteed loans programs.
2) Central banks can just "temporarily" buy treasury bills with fictional money -- the only thing keeping us from Weimar inflation is the fact the money hasn't trickled down enough, the population is on the decline, and most of the money goes into propping up asset prices.