What is Nostr?
brettinthewoods / BrettInTheWoods
npub1aw5…gjxc
2023-10-09 23:00:15
in reply to nevent1q…y4ce

brettinthewoods on Nostr: It all started in 1914 when the Bank of England effectively printed £150 million, ...

It all started in 1914 when the Bank of England effectively printed £150 million, more than 60% of the money they raised for the war.

Without money printing, England would not have been able to afford to join the war. What we call “World War 1” would have been a brief, local conflict.
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