It is always and everywhere the province of the central bank to monetize any spending, the government's or the private sector's, by printing enough money to pay for it in depreciated dollars.
Caroline Baum
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This page presents the quote "It is always and everywhere the province of the central bank to monetize any spending, the government's or the private sector's, by printing enough money to pay for it in depreciated dollars.". Author of this quote is Caroline Baum. This quote is about spending, money, government, dollars, enough, pay, printing, private sector,.