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> All money is a bubble, IMO. Not really -- between the US government and the Federal Reserve banks, there's enough assets and turnover to unwind all the US do
by bcoates 13y ago
> All money is a bubble, IMO.
Not really -- between the US government and the Federal Reserve banks, there's enough assets and turnover to unwind all the US dollars in existence in a fairly short amount of time, if there was a long-term decline in demand for dollars.