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January 6, 2021

“IT WOULD RESULT IN A SHORTAGE OF CREDIT, DEFLATION, AND RECESSION

“IT WOULD RESULT IN A SHORTAGE OF CREDIT, DEFLATION, AND RECESSION The fundamental premise with this argument is the fact that eliminating the banking sector’s power to produce cash wil dramatically reduce its capability to help make loans, and for that reason the economy are affected. Nonetheless, this ignores a few essential dilemmas: 1) The…