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Monetary growth boomed while the acceleration of cash increased really over you to. 2009 up until ​​2Q2020 try the newest height out of trickle-off economics, covered which have main bank currency printing and you can euphemistically entitled quantitative easing (QE). As you can tell, the fresh economy (affordable GDP) increased slower than the debt buildup from the national top. Told you one other way, rich anyone invested their authorities windfalls to the property.

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