A few days ago
if govt borrowing goes out of control, how else can one stop a growing debt?
(other than increasing revenue collection and cutting borrowing)
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A few days ago
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Drastic measures for example such as debt moratorium. However one must make a distinction between internal debt (to the residents of the country) and external debt.
Other measures (not under any circumstances) Monetary policy Budget reduction Taxation (Economic policy, Legal steps, and monetary policy)
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