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Created page with 'Debt monetization is when the government pays off debt via the process of printing more money to pay its creditors.[http://www.investorwords.com/3099/monetizing_debt.html] Debt ...'
Debt monetization is when the government pays off debt via the process of printing more money to pay its creditors.[http://www.investorwords.com/3099/monetizing_debt.html] Debt monetization leads to [[inflation]].[http://www.investorwords.com/3099/monetizing_debt.html] According to Richard Fisher the President of the Dallas Federal Reserve Bank, "Throughout history what the political class has done is they have turned to the [[central bank]] to print their way out of an unfunded liability.[http://online.wsj.com/article/SB124303024230548323.html]
== External links ==
*[http://economistsview.typepad.com/economistsview/2005/09/what_is_debt_mo.html What is Debt Monetization? When is it Automatic? Is it a Risk?]
[[Category: Economics]]
== External links ==
*[http://economistsview.typepad.com/economistsview/2005/09/what_is_debt_mo.html What is Debt Monetization? When is it Automatic? Is it a Risk?]
[[Category: Economics]]