Matt Huang @matthuang The crazy thing is that the next 4 years will probably be weirder than the last 4 years. — PolitiTweet.org Posted March 13, 2023
Matt Huang @matthuang It turns out that bank depositors are trading $1 for two securities: 1) A promise by the bank to pay $1 on demand 2) A promise by the gov to pay you if the bank can’t This scheme is only sound because the gov can print dollars… — PolitiTweet.org Posted March 13, 2023