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this post was submitted on 21 Sep 2023
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As you point out, if it issues bonds, the government is going to pay that back, plus interest.
The issue isn't that Germany cannot get access to capital. The issue is that he can't assert that industry and workers shouldn't be hit with the bill, because they're going to be paying it, one way or another. It might be companies in a different sector than his own, which I expect is what he hopes to see. But one way or another, it's going to be workers and industry.
Minus inflation.