Re:German banks are hoarding so many euros they need more va...
by jldugger on Monday February 03, 2020 @01:41PM
(#22227405)
> The government sells bonds
Well, it's how the FOMC operates. There's plenty of state and local bonds issued that match the model. But if you want to play the #notallbonds card, be my guest.
Inflation is like ante at a poker game. Without the ante, everybody would just keep folding until they get the nuts and there would be no action.