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A comment on Are central banks going bankrupt?. Parent comment
So many economic theories are built on wild assumptions, like assuming everyone is rational as a basis.
Economics is closer to politics than any hard sciences imo. So on a high level like CBs it's all about narrative.
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So many economic theories are built on wild assumptions, like assuming everyone is rational as a basis.
Economics is closer to politics than any hard sciences imo. So on a high level like CBs it's all about narrative.