If Japan, with a ten-year head start, provides us with the blueprint for monetizing excessive government debt, then the Federal Reserve is in for a race! If we look to the Eurozone, we can say that for over seven years now, newly imitated government bonds have been bought almost exclusively by the European Central Bank. There is no market for junk paper and bankrupt states! This policy of government debt is highly inflationary, as the state acts solely as a consumer on the markets with freshly printed money and does not add any services of its own. Citizens must protect themselves from this robbery. Japan only escaped consumer price inflation because it suffered a demographic collapse.