alt Hacker NewsCountries can inflate their debt away at the cost of eroding savings and new borrowing becoming more expensive, no?
https://www.statbureau.org/en/greece/inflation-charts-yearly
Countries can inflate their debt away at the cost of eroding savings and new borrowing becoming more expensive, no?
https://www.statbureau.org/en/greece/inflation-charts-yearly
Countries can't push that approach very far before new borrowing doesn't just become more expensive, it becomes effectively impossible.