References in periodicals archive ?
to monetize the debt (finance it through money creation) or default on
One danger would be increasing political pressure on the central bank to monetize the debt by keeping interest rates artificially low.
The pressure, says Fisher, will be on the Fed to monetize the debt (print new money to pay the liabilities).
If the value of the dollar plummets because the Fed is forced to monetize the debt, what would that mean in real terms for the U.
An important feature of Kneebone's model is that he assumes that the monetary authorities only chose to monetize the debt of the federal government.