Submitted by Derikoopa t3_zyxr5r in explainlikeimfive
I'm sure this is something that wouldn't work because I thought of it, and I'm not an international leader xP But let's say this country owes 6 billion dollars in debt, what is to stop them minting 6 coins each worth 1 billion dollars and using them to pay the debt. Presumably, because there's only 6 of them and they are taken out of the economy instantly, they wouldn't hyperinflate the currency? Any and all help is greatly appreciated
[deleted] t1_j28bsu8 wrote
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