“By printing.”
Your catching on. “IF” and HOW Printing, is NOT “paying back”
And the “when”: Hear Merkel this week about the “when”?
The 08 actors are still on stage.
Printing and buying dollars and then paying back is "paying back".
And the when: Hear Merkel this week about the when?
Are you confusing Germany's reluctance to loan Greece money with Germany paying back dollars the ECB borrows from the Fed?
Just another point you're confused about.