Sentences with phrase «central government budget deficit»

Not exact matches

If the Central Bank creates money to refinance the bonds, then it will, effectively, be printing money to fund the government's budget deficit.

Instead, we should have been financing our budget deficits by having our central banks (or the ECB) simply create the money and credit it to the various governments» spending accounts — that is, by using helicopter money..

Sound financial policy requires that the Government fully fund any budget deficit by issues of securities to the private sector at market interest rates, and not borrow from the central bank.

How are these giveaways less inflationary than for central banks to directly finance budget deficits and roll over government debts?