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Deficit-financed monetary expansion

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Expert statements

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What experts have said about Deficit-financed monetary expansion

1 statement · 1 negative

  1. Deficit-financed money creation benefits financially connected wealthy groups first.

    “when government creates cash to fund its deficits, it doesn't just dump the bills out of an airplane into a suburban neighborhood, it injects it into the banking system by buying government bonds at inflated prices.”

    Listen at 44:18

    Open the episode · Pierre Poilievre, The Next Prime Minister of Canada?: The Economy Is About To Collapse!

Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.

Deficit-financed monetary expansion · PodLume