3 ms·
They could always just print the money to pay back the debt, and if that leads to too much inflation then remove money from the pool some other way (e.g. raise
by Scarblac 8y ago
They could always just print the money to pay back the debt, and if that leads to too much inflation then remove money from the pool some other way (e.g. raise the reserve percentage that banks have to keep).
Didn't France use to have a system where they just printed all money that government spent, and all money they received from taxation ceased to exist?