You're right that there is a difference in how money creation has been handled in the last few years versus the last few decades, but the fundamental philosophy has been the same for a long time. If I believed in that philosophy (Kaynesianism, I guess), then I would care about the nitty gritty details that you're talking about.
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_foolmo_
'Illegal activities is a slight misnomer, most of it is not related to material that is actually illegal.' - nintendogrl1