Sentences with phrase «fiat money creation»
The political message is that they — backed by wealthy bondholders and depositors — should have monetary power to decide whether or not to fund governments, whose spending should be financed by borrowing, not by fiat money creation.
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It authorized the creation of fiat money to the tune of nearly five million dollars a month, and it passed a 50 % increase in tax rates in the principal form of federal taxation, the tariff.
The right lesson would be that in fiat money environment, the central bank must limit the creation of leverage.
Yes, the markets have failed because we let the credit creation inherent in a fiat money system run out of control.
Creation of the own agent network of crypto ATMs for the purchase and sale of cryptocurrency for fiat money