If a random country is in debt, is printing money a good way to pay it off at the expense of the citizens?
For example, lets say you owe an entity $100. If you print an extra $100 bill you pay off your debt, but unbeknownst to the entity the $100 that they lent you is now worth less.
Would the barter system be a good way of combating this?
How to print money is not a good way to solve debt problem quickly. I feel that it is of little help but to reduce the value of the country's money. In addition, the impact of hyperinflation may destroy a country's economy, this is not the way we should choose. Even money printing needs to be minimized for many economic years. Zimbawae lost everything because it printed too much money to pay off the debt and now the result is that people there cannot grow anymore.