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the debt (lemmy.world)
submitted 11 months ago by Varven@lemmy.world to c/memes@lemmy.ml
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[-] volodya_ilich@lemm.ee 6 points 11 months ago

Yeah. It's another form of creation of money. It's a useful tool for some things, like the central bank being able to control interest rates in the economy, as shown during the recent inflationary episode.

this post was submitted on 07 Jun 2024
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