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LiberalTiger's avatar

Many Western countries have accumulated very high levels of debt, while central banks have expanded the money supply significantly over recent decades.

I can’t see a way to restore our economy without a prolonged period of extreme hardship, one that the public would not tolerate, no matter which government we elect. Do you know how we get out of this hole?

PAUL MARSHALL's avatar

When Zimbabwe did it they called it printing money, when the Bank of England does it they call it "quantitative easing", we all know neither will work in the long term - will the Bank of England ever reverse it ? or does the city just "price it in" to all market pricing so in effect its pointless?

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