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Results tagged with government-debt
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user 6053
4
votes
What happens to the money that the government is in debt from?
This does not work like that. If you want to add-up all the debt in the world you will not end-up with 0.
Think about a situation in which I owe you \$100, you owe someone else \$100, and this someon …
- 485
8
votes
Why can't a government print money to pay its debt?
Your get the basic intuition, but real-life situation is a bit different.
First, I didn't really understand what you meant by "try to catch some 'fool'", but what you are calling foreign exchange ba …
- 485