This is not how this works. You can’t just go ahead as an EU country and print as much Euro as you want. The ECB prints it, not your country. It’s regulated in Brussels.
I’m sorry but yes, this is literally how it works. Please go look it up, this is vital for this discussion that you understand how money is generated. The german government bonds are one of the most wanted bonds in the world.
EU countries cannot freely print money; only the European Central Bank (ECB) has the authority to issue euro banknotes and manage monetary policy for the eurozone. Individual member states must adhere to strict fiscal rules and cannot create their own currency or print euros independently. Every country can sell bonds with a currency they don’t control.
Right. Tell that Argentinia, Greece or Ecuador.
a government that prints its own money cannot go bankrupt.
They don’t print their own money.
So what do you call the process of selling government bonds then?
“Selling bonds” and not “printing money”.
Emitting government bonds is literally how governments print money.
This is not how this works. You can’t just go ahead as an EU country and print as much Euro as you want. The ECB prints it, not your country. It’s regulated in Brussels.
I’m sorry but yes, this is literally how it works. Please go look it up, this is vital for this discussion that you understand how money is generated. The german government bonds are one of the most wanted bonds in the world.
EU countries cannot freely print money; only the European Central Bank (ECB) has the authority to issue euro banknotes and manage monetary policy for the eurozone. Individual member states must adhere to strict fiscal rules and cannot create their own currency or print euros independently. Every country can sell bonds with a currency they don’t control.
This is common knowledge.