AlexandertheBTC on Nostr: So let me see if I understand this correctly… Banks buy government bonds. ...
So let me see if I understand this correctly…
Banks buy government bonds.
Governments bail out banks.
The result is inflation, which hurts the people.
And then this cycle goes on forever, is that an accurate summary?
This seems insane.
Banks buy government bonds.
Governments bail out banks.
The result is inflation, which hurts the people.
And then this cycle goes on forever, is that an accurate summary?
This seems insane.