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NarcolepticTreesnake t1_jdcw7cn wrote

Reply to comment by Comprehensive-Belt40 in Why This Banking Crisis Won’t Wreck the Economy by unbounded-dot

I'm not sure what that can possibly look like besides giving away unlimited money without any collateral purchases. Not doubting that that could happen but that certainly could not go on for very long.

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Comprehensive-Belt40 t1_jdcwiir wrote

I think it will be a global effort to cover the lid.

Maybe that's when CBDC is out to ensure people spend money. The Chinese have a provision in their CBDC that gives expiration date to money in order to push people to spend.

Crazy idea?

It was also crazy that central bank can just print money as much as they want 50 years ago.

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