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For the central bank to keep buying a lot of government debt indefinitely, it would have to start printing money at some point. That has the usual drawbacks from prontingprinting money, such as (hyper-)inflation.
For the central bank to keep buying a lot of government debt indefinitely, it would have to start printing money at some point. That has the usual drawbacks from pronting money such as (hyper-)inflation.
For the central bank to keep buying government debt indefinitely, it would have to start printing money at some point. That has the usual drawbacks from printing money, such as (hyper-)inflation.
For the central bank to keep buying a lot of government debt indefinitely, it would have to start printing money at some point. That has the usual drawbacks from pronting money such as (hyper-)inflation.
