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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]

'''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 ==

== External links ==