Two Thought Thursday -La Casa de Papel (Money Heist) p2e8: Money From Nothing — Inspiring Critical Thinking and Community via Books, Lessons, and Story

1.)  Yes, national currencies are currently Fiat Currencies, created from nothing, and backed by the T-Bills issued upon printing, thus in fact backed by debt, but does that really mean that anyone can just print up Euros/Dollars, really?  Sorry, but no, and 2.)  The injection of liquidity, as Sir J. M. Keynes discussed and Dr. […]

Two Thought Thursday -La Casa de Papel (Money Heist) p2e8: Money From Nothing — Inspiring Critical Thinking and Community via Books, Lessons, and Story