State financing through the printing press? Central Banks are now the largest creditors of states. B via @HolgerZschaepitz

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State financing through the printing press? Central Banks are now the largest creditors of states. Bank of #Japan holds almost 50% of all JGBs outstanding. #ECB almost 25% of Eurozone debt. (Chart via DB) h/t Holger Zschaepitz

State financing through the printing press? Central Banks are now the largest creditors of states. B via @HolgerZschaepitz

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