I submitted this because it's a different viewpoint to those I've seen previously.
The point that countries with debt denominated in their own currencies are in a stronger position than others is valid, but I question the assertion that if inflation becomes the order of the day that there will always be buyers for sovereign debt.
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[ 1.8 ms ] story [ 17.5 ms ] threadThe point that countries with debt denominated in their own currencies are in a stronger position than others is valid, but I question the assertion that if inflation becomes the order of the day that there will always be buyers for sovereign debt.