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.
Money printing can be applied but that is certainly the worst way I have ever known. Venezuela has been insolvent due to too many people and too much investment in social security. At that time, their public debt was too great and Maduro decided to print money and now their country seems to have nothing left. we should pay our debt in other ways, by economic contracts and other things. never deal with cash, it will make the economy go down.