• kyr7x@lemmy.ca
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    1 year ago

    It can’t possibly only be the job of the central bank when the government can effectively print money backed by unsecured debt.

    Inflation will only end when people run out of money to (over)spend. The BoC is doing their part by making debt cost more, the government is acting in reverse by handing out more and more “free” money which enables people when they would have otherwise run out.