Erik Voorhees said holding government treasuries amounts to a “greater fool theory” on an empire-wide scale. He argued persistent money printing to fund debt debases currency, with the US adding $12.5 billion of debt about every 35 hours.
published
Erik Voorhees said holding government treasuries amounts to a “greater fool theory” on an empire-wide scale. He argued persistent money printing to fund debt debases currency, with the US adding $12.5 billion of debt about every 35 hours.
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