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Interest Rates and the Nature of Profit | The Twilight of Gold Series | Episode 12 (WiM186)
The "What is Money?" Show
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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