I’m curious…
Instead of increasing the money supply to solve fiscal crises, could central banks have increased the divisibility of money instead?
Pre-crisis you have $123.45,
post-crisis you have $123.450.
I’m curious…
Instead of increasing the money supply to solve fiscal crises, could central banks have increased the divisibility of money instead?
Pre-crisis you have $123.45,
post-crisis you have $123.450.
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