Post
Topic
Board Economics
Re: Question about inflation and debt.
by
yulionoo
on 27/01/2020, 10:49:21 UTC
printing more money to pay off debt is not a good solution because it will make the value of the currency go down as happened in zimbahwe. and using a barter system is also not a good solution. because the barter system is very inefficient and it will be difficult to determine the value of an item. in my opinion the solution so that the country can get out of debt bondage is to increase domestic industry so that state revenues increase and reduce imports.