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    Certainly to an extent, Brian. It is a form of debt, but not necessarily just debt.
    The exact dimensions of Quantitative Easing are not clear. But it could bring on sudden massive inflation if somewhere in the links of paper-economy (shares hedge funds, bonds, toxic debts of banks, interest rates...) a link breaks and causes a nine-pin effect, sending barrels rolling, which in turn send more, and more numerous, barrels rolling.

    See Germany 1921.

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