Re:The World Has a Germany Problem: Debt Obsession Ate the E...
by bryanlarsen on Tuesday August 20, 2019 @12:11PM
(#20748588)
If you can print money to discharge your debt than the debt itself isn't bad, it's just another tool in the monetary policy toolbox. Of course the Germans have a particular aversion to printing money.
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Re:The World Has a Germany Problem: Debt Obsession Ate the E...
by luckylion on Tuesday August 20, 2019 @12:21PM
(#20748719)
> Of course the Germans have a particular aversion to printing money.
They also cannot, the ECB decides on monetary policy with the Euro, not Germany or Germany's Bundesbank (which, if they were, also weren't directly taking orders from the federal government regarding monetary policy).
Re:The World Has a Germany Problem: Debt Obsession Ate the E...
by tonyedgecombe on Tuesday August 20, 2019 @12:21PM
(#20748726)
Of course the Germans have a particular aversion to printing money.
That's not really surprising though is it: https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_R...