All-In with Chamath, Jason, Sacks & Friedberg
Ray Dalio | The All-In Interview
David Friedberg
So there's a central in the US, it's our Federal Reserve and the US government are the two players here. And the Federal Reserve ultimately would in this model and historically, obviously, during the pandemic. And during 2008, they would go into the market, they would buy bonds by issuing cash that they're making up effectively.
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