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money creation through debt: • Central banks don’t matter anymore, again -- every European has probably heard about the "Polish growth miracle" which has less to do with miracles, and more so just hard working Polish people but in recent years, not all Polish economic growth has been real, and to a decent degree, has been fuelled by debt money, taken on by the Polish government this money in turn gets spent in the economy, creating inflation and propping up GDP growth figures (more about, how it works, in that linked video) so yeah, the objective of this video is to look how much of Polish growth is fuelled by inflation where does that inflation come from how Polish government debt spree affects Poland, long term and why, short term, there's not much to worry about, yet as always, I'm madly thankful for any kind of feedback, so you can leave a comment, or write me personally on any other place I'm at -- my Substack I’ll launch it in the coming *month, you’ll get an email, when I do https://andrekouts.substack.com -- other socials Instagram: / theandrekouts -- timestamps 0:00 - intro 1:36 - history 5:27 - real growth and fake growth 5:43 - fake growth 7:51 - real growth 8:06 - back to reality 12:33 - thank you