This is probably one of the biggest "Bezzles" the world has ever seen.
As a former fraud investigator and regulator, I have to admire the sheer "chutzpah" of it...... "Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
As for the lack of investigation, I have to hope that it's not the case, that investigations are merely secret. If not, then a huge and brazen grab for power has just taken place. It really is worrying. "Few can believe that suffering, especially by others, is in vain. - Galbraith"
