2 ms·
Part A of the comment is saying debt is a money multiplier up to 100x. One break in The chain erases the 100x of money. Part B is then saying that if the debt
by mint2 3y ago
Part A of the comment is saying debt is a money multiplier up to 100x. One break in The chain erases the 100x of money.
Part B is then saying that if the debt chains collapse, erasing massive amounts of money, partially backfilling people via the limited insurance will cause inflation?
Please clarify this contradictory reasoning.