Actually it goes the other way. Inflation erodes public debt [1][2]. It is, however, not necessarily good[3].
But at the end of the day, the causes of inflation are not cause and effect. You can print money to save an economy without causing inflation as we did during the 2008 financial crisis[4] or you can print money and cause hyperinflation as in the case of Argentina[5] or Zimbabwe. It’s more about how you do it instead of what you do.
But at the end of the day, the causes of inflation are not cause and effect. You can print money to save an economy without causing inflation as we did during the 2008 financial crisis[4] or you can print money and cause hyperinflation as in the case of Argentina[5] or Zimbabwe. It’s more about how you do it instead of what you do.
[1] https://www.oxfordeconomics.com/resource/how-inflation-erode...
[2] https://cepr.org/voxeu/columns/using-inflation-erode-us-publ...
[3] https://www.stlouisfed.org/on-the-economy/2022/aug/inflation...
[4] https://econofact.org/rising-inflation
[5] https://mises.org/mises-wire/how-money-printing-destroyed-ar...