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The central bank can't control the price at which the market will buy the bonds, but that's a good point. That said, has hyperinflation ever occurred without t
by tormeh 11y ago
The central bank can't control the price at which the market will buy the bonds, but that's a good point.
That said, has hyperinflation ever occurred without the central bank printing money while inflation is above-target? Private holders of money can flood the market with cash, but only the central bank can sustain that flood for a really long time.