### Comment:
Debts can be blown up in your own currency, but you can't refinance them later at low rates. Investors will demand higher returns to account for inflation, a process that compounds.

### REPLY:
Unless you manipulate the debt market by buying bonds with the printed money... Apparently... You just need to keep printing more and more and more money, otherwise overnight interest rates spike from 2% to 10% in an hour, but then you just print more money! This won't ever go wrong!!

### END.