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The money printer seems to be on again! – China Keeps Adding Liquidity to System Amid Evergrande Risks – Bloomberg

The money printer seems to be on again! – China Keeps Adding Liquidity to System Amid Evergrande Risks – Bloomberg



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5 Comments

  1. They can (and do) “print” money, but they cannot “print” actual wealth nor can they “print” general prosperity.

    When they “print” fiat currency, they are stealing. When any government/central bank “prints” new fiat currency, they are stealing. Theft is wrong. When ultra rich people gamble, lose, and then steal from the poor and middle classes to pay for their foolish mistakes, that is evil.

    These bailout activities, and the “money printing” which enables them are a big part of why Bitcoin was invented in the first place.

  2. It can be hard for people to see, but when they print money they bail out the participants in their failed Ponzi –

    And they effectively tax everyone that didn’t participate in the Ponzi – all the super poor in China, all the responsible people, anyone that hides gold in the mattress, anyone working an honest job

What do you think?

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