Hacker News new | ask | show | jobs
by ekianjo 4033 days ago
> The current elected government seems to have taken the route of inflating away the debt.

Yeah, and it's not a pretty way to go with solving the debt problem. This will result in higher prices for everyone, destroying savings and hurting in result the private sector. "Just" to save the government.

1 comments

It is not to save the government, it is to save the money from the people who own the government bonds, who are mainly Japanese. It is a redistribution issue.