Re: £23 bn in bad state loans
Posted: October 29th, 2020, 6:48 pm
SteadyAim wrote:johnhemming wrote:Seeing money printing as a regular solution to the problem of balancing government spending and government income will lead to hyper inflation.
My theory is that debt issuance is deflationary and genuine money printing via printing presses or equivalent is inflationary. I think QE is debt issuance not money printing, no matter how often the media call it money printing.
The debt is issued and then bought by the central bank with extra printed money. That seems like money printing to me.