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> This idea is fairly popular with libertarians Which is ironic because it entirely relies on the Fed paying interest on reserves, which they never did until 2
by fallingknife 4y ago
> This idea is fairly popular with libertarians
Which is ironic because it entirely relies on the Fed paying interest on reserves, which they never did until 2008 when they started as part of the bank bailouts.
- nerdponx 4y agoOr it assumes away inflation, which in the dogmatic libertarian view is also a government-created ("archopathic"?) problem.