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Western central banks were quick to rapidly increase the flow of money into the market by printing currency notes and keeping interest rates to near0 levels. While it helped the cause of increasing demand in the market it also led to a debt-based economy where almost anything was underwritten by debt and borrowings. The situation came to a head during Covid where there was a massive infusion of funds in the economy to tide over the Global Banking Crisis of businesses going bust due to a halt in production and demand.

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