AlexandertheBTC on Nostr: So let me see if I understand this correctly… Banks buy government bonds. ...
So let me see if I understand this correctly…
Banks buy government bonds.
Governments bail out banks.
The result is inflation, which hurts the people.
And then this cycle goes on forever, is that an accurate summary?
This seems insane.
Published at
2023-03-22 01:39:16Event JSON
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"content": "So let me see if I understand this correctly…\n\nBanks buy government bonds. \n\nGovernments bail out banks. \n\nThe result is inflation, which hurts the people. \n\nAnd then this cycle goes on forever, is that an accurate summary? \n\nThis seems insane.",
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