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I doubt that the VC boom would have ever reached the heights it has without easy money policies and quantitative easing from global central banks. You would likely still have homeless people, but you would certainly have far less rich people.


Sure, we would certainly have less wealth in the absence of easy money. But we had paupers, merchants and nobility for several millennia's worth of limited quantities of precious metals being the only money, so it stretches credulity to pretend that hard money has any kind of egalitarian upside other than levelling down.




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