DM
Deficit-financed monetary expansion
Topic
What experts have said about Deficit-financed monetary expansion
1 statement · 1 negative
Deficit-financed money creation benefits financially connected wealthy groups first.
“when government creates cash to fund its deficits, it doesn't just dump the bills out of an airplane into a suburban neighborhood, it injects it into the banking system by buying government bonds at inflated prices.”
Open the episode · Pierre Poilievre, The Next Prime Minister of Canada?: The Economy Is About To Collapse!Listen at 43:56
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