Welcome to part four of our series which asks the smartest people I know a simple question: why can’t central bankers just buy all the debt?
Today, we look into what I regard as the best response to the question. It comes from the chief economist of Degussa, Thorsten Polleit.
Thorsten has written many books and given many lectures related to the topic of this question. So, let’s take a look at how he answered my question…
Nick Hubble
Editor, Fortune & Freedom
PS Note from the publisher: Have you watched our special briefing on central bank digital currencies (CBDCs) yet? For the first time in half a century, the British authorities are preparing to issue a new currency… and if you have ANY money in a British bank account, you need to know how it works – get informed here.
