A Country Can’t Save Both Its Currency And Its Bonds
January 11, 2023 at 13:25 PM EST
Authored by Bruce Wilds via Advancing Time blog, I have adopted the position that when a central bank allows its government to overspend and abuse its currency, something has to give. You could say this is one of the unwritten laws of fiat currencies. Time and time again history has proven this to be true […] Source