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The UK can inflate its debt away, that is always a nice option to have. Greece couldn't do that, and that was a major reason why it was being crushed.
by bhouston 10y ago
The UK can inflate its debt away, that is always a nice option to have. Greece couldn't do that, and that was a major reason why it was being crushed.
- aries1980 10y agoThey would not just devaluate the debt but the domestic assets as well.