5 Comments
Nov 2Liked by Josh Hendrickson

Thank you for this brilliant article!

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Nov 2Liked by Josh Hendrickson

Excelente artículo. Y muy, pero muy pertinente para la realidad del país donde vivo, Argentina.

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Wow, the injection that the Riksbank says it needs, SEK 80G, is about the size of the 2022 defence budget. I wonder if the spending of such huge amounts of money without much democratic oversight might lead politicians to want to reduce the power or independence of the Riksbank.

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historically what has happened when interest rates have risen dramatically on central banks with large debts?

Greece didn't have sovereignty of its currency (couldn't just create the money) and i am not sure how it has fared since bankruptcy.

I believe the other option is bankruptcy and marking down the debts,

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