yeah thats pretty much the print money part. when they are negative and when we borrow from ourselves, which we do, well then you have to lose money for having it invested with us. Much of that self investment btw is social security and such. thats how you get negative.
It’s letting the banks print money, as much as they want. When the government go and prints the money directly, the banks also print some, but at least the government gets a small share of it.
He wants negative interest rates as far as I know.
yeah thats pretty much the print money part. when they are negative and when we borrow from ourselves, which we do, well then you have to lose money for having it invested with us. Much of that self investment btw is social security and such. thats how you get negative.
It is printing money but it’s different.
It’s letting the banks print money, as much as they want. When the government go and prints the money directly, the banks also print some, but at least the government gets a small share of it.
He loves debt