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Monetary policy

The Long View 2008-11-22: Debt and the End of the Age

John J. Reilly links here to an excellent article in The New Republic, “Debt Man Walking”. Even though the 2008 Housing Bubble has passed, we still live in the financial world that TNR article describes. If you want to understand the slightly insane sounding but remarkably stable practice known as
Benjamin Espen Dec 21, 2021

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