[cuban leaf]

Inflation is a great way for governments to get out of debt. Pay tomorrow’s dollars for yesterday’s spending.

If I was the cynical type, I’d say they were doing it on purpose.

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I’ve been of that mind for a very long time - monetizing the deabt. The problem comes when the countries you owe the money to object. In fact, there have been discussions right here on FR about the political fallout of the country doing just that - especially regarding china.

Imagine this being our way to “justify” it without China being able to call foul.

i.e. you may be exactly right.

[Hambone 1934]

China gets it in the shorts.....No one will feel bad and China can’t scream about the unfairness of it all...