Joker@sh.itjust.works to World News@lemmy.worldEnglish · 13 hours agoChina announces trillion-dollar bailout as debt crisis loomswww.semafor.comexternal-linkmessage-square16fedilinkarrow-up195arrow-down12
arrow-up193arrow-down1external-linkChina announces trillion-dollar bailout as debt crisis loomswww.semafor.comJoker@sh.itjust.works to World News@lemmy.worldEnglish · 13 hours agomessage-square16fedilink
minus-squaretechnocrit@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up6·edit-29 hours agoThey’re not going to do this with cash. They’ll print up some paper money (eg. bonds) like everybody else and make the poor subsidize the rich via inflation. https://www.ft.com/content/b2feba22-5064-4eb1-84b1-3003cac36def
They’re not going to do this with cash. They’ll print up some paper money (eg. bonds) like everybody else and make the poor subsidize the rich via inflation.
https://www.ft.com/content/b2feba22-5064-4eb1-84b1-3003cac36def