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It shouldn’t get any interest. In fact, there should be a cost of carry. Interest comes from lending money to some entity that want to borrow money. Central ba
by bradleyjg 4y ago
It shouldn’t get any interest. In fact, there should be a cost of carry.
Interest comes from lending money to some entity that want to borrow money. Central banks don’t.
Conflating an investment (lending at interest) and a store of value is how we got to the mess we are in.