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30/05/15
13:40
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Originally posted by danhoff
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Given that Japan has proved that money printing does not help (or more importantly, hurt) why does not every indebted country simply print the amount of money required to get out of debt and give the printed money to their creditors. All problems solved.
And for every indebted citizen, just give them the amount of money (printed, of course) they are in debt.
Suddenly, you have a world with no debt and no inflation.
Why dont we do that?
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I thought most of the Govt debt are held by the citizens, Mrs Watanabe. This debt "problem" is what we call growth. Every national citizen expects their CB to keep boosting growth?