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nonsuch's Avatar
Posts: 584 | Thanked: 1,554 times | Joined on Sep 2019
#7457
Every country is in debt. To each other, to its people, to The World bank (which is not the sort of all-encompassing global institution the name suggests).
In any case, money creation is a real thing. Most money does not really exist, except as numbers in ledgers/databases.
Or, as one person put it: "All money is debt."
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