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jimmysong | 3 months ago (raw) | export | reply | flag +41 
 The unfunded liabilities totaling over $300T is essentially guaranteed future monetary expansion. In other words, there's a lot more inflation to come.
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Anarko | 3 months ago (raw) | root | parent | reply | flag 
 Oh yes, it's going to get unimaginably chaotic. Hold on to your hats ',Kansas is going bye bye.'
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f9aaed52 | 3 months ago (raw) | root | parent | reply | flag 
 Scary when you think about it. 
CBDC will be introduced as a “North American “ currency and give you the equivalent of 50 cents on the dollar. 
The smart wealthy will put their money in assets during the transition.
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AquireWisdom | 3 months ago (raw) | root | parent | reply | flag 
 are you sure that monetary expansion necessitates inflation in every case? in certain cases, definitely, but in every case?
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AquireWisdom | 3 months ago (raw) | root | parent | reply | flag 
 but agree with your general point not the monetary base must expand.
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AquireWisdom | 3 months ago (raw) | root | parent | reply | flag 
 "that the monetary base must expand"