#443: Q2 2023 Monetary Base Update with Matthew Mežinskis
TFTC: A Bitcoin Podcast
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The Current State of the Monetary Base and Government Liabilities
This chapter discusses the current state of the monetary base and the potential chaos that could result from increasing debt and unfunded liabilities. It delves into how central banks use assets like government bonds to inject money into the economy and the comparison between central bank holdings and national debt. The chapter also explores the challenges of reducing the central bank's ownership of government bonds and normalizing the monetary base.
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