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Is it any different in your opinion when $1T is created and deposited into bank accounts rather than minted and released as coins?
by flagrant_taco 3y ago
Is it any different in your opinion when $1T is created and deposited into bank accounts rather than minted and released as coins?
- chii 3y agoIt depends on the mechanism of said creation. If it is created as debt, then there's a due date for which it is repaid, with interest. In which case, it works out OK, if the interest is lower than actual economic growth.