Why the hoped-for solution to out-of-control government debts won’t work this time

Wolf Richter  |  September 16, 2020

By Wolf Richter, see “Debt Out the Wazoo” chart, includes “The solution now to the enormously ballooning debts in developed economies: Firing up consumer price inflation and let it run hot, according to the newest dogma trotted out incessantly by the Fed and other central banks, and hope that rapid economic growth will take care of the rest.”

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