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Except that Alice here is the government, and in both scenarios Adam The Average Guy loses purchasing power, which is the whole point. The distinction here is p
by antibasilisk 4y ago
Except that Alice here is the government, and in both scenarios Adam The Average Guy loses purchasing power, which is the whole point. The distinction here is purely nitpicking.
- Retric 4y agoAgain no, the government accepts loans to private citizens as collateral in these loans. As a rule these banks just don’t own that many government bonds the returns suck.