This is interesting. You explained this so good. The way fiat money is created. I heard people say just print more money. If it's that easy no country will be in debt !
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This is interesting. You explained this so good. The way fiat money is created. I heard people say just print more money. If it's that easy no country will be in debt !
There are several other ways to print money for a state but it's often a misconception how money is "printed". It's actually the banks that do 95% of the printing.