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Comprehensive-Belt40 t1_jdcwiir wrote

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

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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