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Post-Modern Monetary Theory

The Breakdown

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Why Printing Money Doesn't Work in a Recession

Over the past decade, western central banks have increased monetary supply a lot. inflation disincentivizes keeping your wealth in dollars and so it incentivizes investing or doing commerce. By essentially disincent ising holding fiat, it can compensate for the risk inspreads involved in commerce causing positive sum trades to happen. The recession ind covid respectively increased fear in the markets.

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