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A comment on What is the Eurodollar System? (2020) [pdf]. Parent comment
The only other way is for The Fed to monetize the Federal Government's deficit spending.
This didn't regularly happen until 2008 - but I'm skeptical that the genie will ever be put back in the bottle.
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The only other way is for The Fed to monetize the Federal Government's deficit spending.
This didn't regularly happen until 2008 - but I'm skeptical that the genie will ever be put back in the bottle.