Developed nation is projected to grow to unsustainable level

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The national debt of many developed nations is projected to grow to unsustainable levels. Why might national legislatures welcome higher inflation? Does inflation offer a means for a country to finance its increasing debt?

Reference no: EM13858714

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Developed nation is projected to grow to unsustainable level : The national debt of many developed nations is projected to grow to unsustainable levels. Why might national legislatures welcome higher inflation? Does inflation offer a means for a country to finance its increasing debt?

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