0 sats \ 2 replies \ @Satosora 31 May \ parent \ on: Real interest rates in the eurozone continue to rise econ
Couldnt they do that on purpose though? Actually, germany cant make the decision to print money, it has to be the whole eu, right?
write
preview
10 sats \ 1 reply \ @TomK OP 31 May
yes indeed, the decision to monetize government debt is made by the ECB. but the path is clear, they make no exceptions, all new government debt is simply printed away. this works well until it no longer works well.
reply
0 sats \ 0 replies \ @Satosora 31 May
True. They will just print until its impossible to do. Soon the paper will be worth more than the note.
reply