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Why Does a Government with Massive Debt Not Always Inflate

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Why does a government with massive debt not always inflate its debt away despite the incentive to increase the money supply?


Definitions:

Neurocognitive Disorders

A category of mental health disorders that primarily affect cognitive abilities including learning, memory, perception, and problem-solving.

Infectious Disease

Diseases caused by pathogenic microorganisms, such as bacteria, viruses, parasites, or fungi, that can be spread, directly or indirectly, from one person to another.

Reversible Condition

A health or medical condition that can be returned to its original state or improved back to normal with the appropriate treatment or interventions.

Neurocognitive Disorder

A range of disorders that significantly impair cognitive function, including memory, attention, and decision-making abilities, often due to brain injury or disease.

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