UBI 101: Lagarde-Central Banks Can't Go Bankrupt Or Run Out Of Money

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    taskmaster4450le

    Published on Nov 25, 2020
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    The other day I posted how the solution to UBI is for the central banks to offer direct stimulus to individuals. This is to compensate, among other things, for the economic impact that technology is having on monetary policy.

    In this video I discuss how the head of the ECB iterated how central banks are not probe to what happens to other entities. Thus, the possibility of it running out of money or going bankrupt is not possible.

    Here is a link to the article cited in the video:

    https://news.bitcoin.com/christine-lagarde-the-european-central-bank-cannot-go-bankrupt-or-run-out-of-money/

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