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No - it's not 'printing money'. Because government debt first has to be bought by someone on the open market, for some market-based price. Only then can they
by edblarney 10y ago
No - it's not 'printing money'.
Because government debt first has to be bought by someone on the open market, for some market-based price.
Only then can they go to the central bank.
The Central Bank does not buy from the Government.
But there's a systematic problem there I would admit.