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Awkward moment Biden's economic adviser Jared Bernstein admits he can't explain how money works
(www.dailymail.co.uk)
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I'm fascinated and uneducated. Can you break down for me how this didn't lead to massive inflation?
Thanks for taking the time to write that up
Fun fact: During and after civil war in Russia the topic of import was mentioned in Lenin's works very often, and Lenin was positively extatic over every deal where foreign sellers accepted rubles instead of gold or other currencies, and heaped praise on anyone who could negotiate deal in rubles.