"The constant inflation made it only possible to issue bonds in a foreign currency." Why is that? I think the problem in this discussions is that every side c

"The constant inflation made it only possible to issue bonds in a foreign currency." Why is that? I think the problem in this discussions is that every side come from a different conception about what is and where money comes from. A sovereign govern with a floating currency don't need financing from private sources in its own money. That's a simple fact about how money is really created. If we don't agree in this first, all posterior discussion is pointless.