The Fed cannot default or go bankrupt because it can always create reserves to cover its losses.‘
可以用自己currency发行货币的国家理论上不会破产。可以新债来交旧债的利息。
但是效果是差不多的。
你一直这么做下去,效果就是,通胀上去,利息更高,然后更多举债。。。滚雪球恶性循环,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发行货币的国家理论上不会破产。可以新债来交旧债的利息。
但是效果是差不多的。
你一直这么做下去,效果就是,通胀上去,利息更高,然后更多举债。。。滚雪球恶性循环,ponzi scheme
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