3 ms·
It’s not particularly inflationary. If you remove $100bn of government bonds from circulation and replace it with $100bn newly printed cash, private sector net
by owisd 5y ago
It’s not particularly inflationary. If you remove $100bn of government bonds from circulation and replace it with $100bn newly printed cash, private sector net worth stays the same.
- manquer 5y agoHardly stays the same. That $100 billion cash is going to be spent somewhere, that increases money supply across the market, private sector now has more money but the actual resources produced has not changed that much.