News for hackers. Stuff that matters.
Re:German banks are hoarding so many euros they need more va... by blazespin on Monday February 03, 2020 @01:12PM (#22227092)
Not true. The government sells bonds to suck money out of the economy, and buys them back to add more. How the fed operates.

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.

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.