Cryptocurrency Q&A Why can't government print money to pay debt?

Why can't government print money to pay debt?

MoonlitCharm MoonlitCharm Sun Sep 29 2024 | 5 answers 1288
Could you elaborate on why governments can't simply print money to erase their debts? Isn't it feasible for them to create more currency to cover their liabilities and avoid fiscal crises? Won't this approach allow them to stimulate the economy and increase spending power for citizens? Or are there inherent risks and consequences associated with this practice that outweigh the potential benefits? It's intriguing to understand the complexities behind this question and how monetary policy, inflation, and economic stability factor into the decision-making process. Why can't government print money to pay debt?

0 answers

| Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts