64ways·15 ปีที่แล้ว·discussDebt issuance is money creation, and debt destruction is money destruction. Why is the latter SO intolerable?If nothing fails, nothing succeeds.This is all a result of the myopic human opinion of perma-growth.In the end private industry(the IMF) winds up bailed out, THEN using their ill-gotten gains to scoop up public assets for pennies on the dollar.
If nothing fails, nothing succeeds.
This is all a result of the myopic human opinion of perma-growth.
In the end private industry(the IMF) winds up bailed out, THEN using their ill-gotten gains to scoop up public assets for pennies on the dollar.