Inflation, Debt, and The Fed (Part 1) with Scott Sumner and Lyn Alden
Village Global Podcast
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Is There a Risk of Debt Monitization?
i am a little bit sceptical of whether we'll have high inflation for a number of reasons. It's actually not that easy to use inflation as a tool to mose monotise debts, or to reduce the burden of a national debt. And i would add, in one respect, our situation is even worse than in the post world war two period cause that was a sort of one time run up in debt to fund the war. So the future trajectory for the national debt actually looks worse than it did in the 19 forties.
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