Re:Entire German bond yield curve back in sub-zero territory
by AnimalMuppet on Tuesday August 03, 2021 @01:07PM
(#28051605)
No, the central bank can't just write off the debt, because that's so many peoples' retirement. The government has been able to create that much debt without causing too many other problems because people keep investing their money in the debt.
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Re:Entire German bond yield curve back in sub-zero territory
by dougmwne on Tuesday August 03, 2021 @02:11PM
(#28052249)
No, the Bank of Japan holds almost half of the debt, not just retirees. A write off has been suggested in the past:
https://www.forbes.com/sites/stephenharner/2016/02/22/will-b...