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So why is debt being monetized? Because it's politically better to owe it to yourself than to owe it to someone else?
by euroclydon 14y ago
So why is debt being monetized? Because it's politically better to owe it to yourself than to owe it to someone else?
- tbrownaw 14y agoHouse prices went down, and a recession happened. So making the prices of some other investment (which probably has to be government debt in order for them to not get sued for favoritism) go up by a similar amount, should make the recession stop happening.