Exactly. It's all about policy space, how to use it, and who the winners and losers are. There is enough policy space created by a nonconvertible floating rate currency for a currency sovereign to use its policy space for win-win, unless dark forces and ignorance intervene to create winners and losers based on special interest politics.
Arliss Bunny's Blog
Platinum Coin Seigniorage = Policy Spacearlissbunny
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