2 ms·
You're ignoring refinancing. Cash out refis on homes, businesses and government debt. Somebody doing a cash out refi for 100k to add an extension to their hous
by adam_arthur 4y ago
You're ignoring refinancing. Cash out refis on homes, businesses and government debt.
Somebody doing a cash out refi for 100k to add an extension to their house can certainly be inflationary
- nwah1 4y agoInteresting point. I'm sort of steelmanning the anti-monetary perspective to the best of my limited ability. Partly in hopes of hearing good rebuttals. I will have to think about this.