I'm not familiar with all the technical details, which in any case differ from country to country. But if you're trying to claim that the central banks of coun

I'm not familiar with all the technical details, which in any case differ from country to country. But if you're trying to claim that the central banks of countries with fiat currencies can't create money to finance government deficits, you're just wrong. They very much can, and when they do to excess, the result is hyperinflation, as seen in places like Wiemar Germany and Zimbabwe. In moderation, it is a crucial part of central bank monetary policy, being the main mechanism by which central banks can expand the supply of base money, which is typically desired in a growing economy in order to prevent deflation. The process is known in economics as "monetizing debt". That this is a thing that central banks can do, and do do, is not in the least bit controversial.