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Sven Schnieders @SvenSchnieders · Sep 5, 2023
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Interesting paper about the growing US dept-to-GDP ratio and the consequences—Bitcoiners should read it: “Fiscal dominance leads governments to rely on inflation taxation by “printing money” (increasing the supply of non-interest-bearing government debt)”

Paper 2023
Fiscal Dominance and the Return of Zero-Interest Bank Reserve Requirements
by Charles W. Calomiris
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