TOP QUOTE: “The problem with socialism is that sooner or later you run out of other people’s money.”
@printing presses... coz QE or CE or whatever mechanism is used to currently allow money to be printed without economic turmoil is oh so different. We can print money because govts have printed some bonds/assets. So, we print money from thin air because the bonds/assets that have also been "printed" from thin air have a value that negates/offsets the thin air money printing economic turmoil trap. A rose by any other name would be just as stupid.
I didn't think!!! I experimented!!!
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