Modern monetary theory. Central Banks are printing to cover exceptional gov needs.

#xp
---
RT @paulkrugman
This is basically the equivalent of minting a trillion-dollar platinum coin. It basically shows that advanced countries that borrow in their own currencies don't face financing constraints https://www.ft.com/content/664c575b-0f54-44e5-ab78-2fd30ef213cb
https://twitter.com/paulkrugman/status/1248205705737314304