No. For example, in my country Sweden, a major part of the national debt is between the government and the central bank. Basically, the central bank created mon

No. For example, in my country Sweden, a major part of the national debt is between the government and the central bank. Basically, the central bank created money and gave it to the government. Viewing the government and the central bank as a single entity makes that huge debt almost an accounting detail. "Repaying" all of that would introduce a money shortage into the economy.