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?
I think the printing of money in a country that is in debt will further increase the problem. It could lead to inflation.
This is because a country that is in debt means there is hardship. Debt repayment is not usually solved by printing of new currency.