The Fed cannot default or go bankrupt because it can always create reserves to cover its losses.‘
可以用自己currency發行貨幣的國家理論上不會破產。可以新債來交舊債的利息。
但是效果是差不多的。
你一直這麽做下去,效果就是,通脹上去,利息更高,然後更多舉債。。。滾雪球惡性循環,ponzi scheme
The Fed cannot default or go bankrupt because it can always create reserves to cover its losses.‘
可以用自己currency發行貨幣的國家理論上不會破產。可以新債來交舊債的利息。
但是效果是差不多的。
你一直這麽做下去,效果就是,通脹上去,利息更高,然後更多舉債。。。滾雪球惡性循環,ponzi scheme
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