Venkatesh Rao@vgr·Feb 12, 2017If my math is right, under simultaneous secular deflation and govt deleveraging, a central bank would have to be "retiring" money right?31
Venkatesh Rao@vgrthese freeze money rather than destroy? How do you actively shrink monetary base?8:09 PM · Feb 12, 2017
Jules Pitt@PittLabs·Feb 12, 2017Replying to @vgr and @jmfinnThey sell assets for money, then retire the money they collect