@smug @djsumdog @icare4america
1. print money by taking on debt
2. money supply increases
3. money (and debt) is worth less
if you have to power to hand out infinite amounts of cash, you can devalue your own debt by taking on more debt.
@smug @djsumdog @icare4america
1. print money by taking on debt
2. money supply increases
3. money (and debt) is worth less
if you have to power to hand out infinite amounts of cash, you can devalue your own debt by taking on more debt.
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