| Every country should produce all the money needed to finish with their debts! |
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Asked 2 years ago
by Prof_Christian  Brazil |
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About
Pedagogo especialista em Gestão Escolar, Diretor Pedagógico do Município de Teresina, Estudante de Radialismo e Blogueiro no Portal VOOZ
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| 5 Points |
Creating money by printing money will not satisfy a real debt. Paper currency is worthless unless backed by something, recognized by both parties, that has value. Gold is such a commodity. If a country has enough gold to satisfy all of their debt, and do not pay their debt, producing more money does not finish a debt: payment in value finishes a debt.
Any dictum that includes "should" isn't grounded in reality.