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by dennis_jeeves2
35 days ago
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Moral of the story: It's ok for the govt to print as many notes as is needed to satisfy the govt's needs needs but it is not ok for the common Joe to do the same. One is labeled as inflation or quantitative easing and the other is labeled a crime |
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Money is actually generated by changing the interest on, and selling, bonds.
Various governments can, and many have, done what you describe, but banking in this day & age is about moving digits in a register, not shipping truckloads of $100-bills.