Interest Rates and the Nature of Profit | The Twilight of Gold Series | Episode 12 (WiM186)
The "What is Money?" Show
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Quantitative Tightening
The Fed's quantitative easing, quantitive tightening mechanism works. It is that when debt is repaid, then the liability goes to zero. And i had heard that fact so many times, that the fed just the money is just gone once they get paid back by the government. I didn't believe it. How does one destroy money? Do you o? You actually have to type delite!
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Transcript
