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- W4300625373 abstract "Compound interest as well as inflation grows exponentially with time, whereas other means to repay debt grow polynomially. For this and other, mostly political, reasons, debt without inflation is unsustainable. We suggest a discontinuous way to eliminate debt by nullifying it. This scenario is preferable to current central bank strategies of quantitative easing because it allows the disposal of debt without hyperinflation or bloated balance sheets." @default.
- W4300625373 created "2022-10-03" @default.
- W4300625373 creator A5048189936 @default.
- W4300625373 date "2013-03-25" @default.
- W4300625373 modified "2023-09-27" @default.
- W4300625373 title "Quantitative easing is an incomplete strategy that must be accompanied by the nullification of debt" @default.
- W4300625373 doi "https://doi.org/10.48550/arxiv.1303.6183" @default.
- W4300625373 hasPublicationYear "2013" @default.
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