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In which the Fed will simply buy all the debt, Weimar Reichsbank-style.
I mentioned this before, but I have a distant relative in Zimbabwe who got rich by buying land and then letting his Zimbabwean dollar debt inflate away to zero.
I mentioned this before, but I have a distant relative in Zimbabwe who got rich by buying land and then letting his Zimbabwean dollar debt inflate away to zero.
In which the Fed will simply buy all the debt, Weimar Reichsbank-style.