njparkin
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Excellent.
Reading through the comments it seems to me you get far too few plaudits.
The piece resonated with me on so many levels. Thank you.
Why could the Central Banks not deposit $10k in everyone ‘s bank account with a key stroke or better yet insist on 10ks worth of debt repayment. If you are debt free, good luck to you. QE for the masses if you will. (or $100k) This would be a POWERFUL tool for the mitigation of a liquidity crunch.
History is cited throughout this article but ‘Cenrtal Banks’ have always sacrificed the currency to keep ponzi going? Why would they not today?
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