Why Sovereigns Can Default on Local-Currency Debt: Printing Money No Panacea as High Inflation Is a Costly Policy Option
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http://www.next-finance.net/IMG/pdf/Why_Sovereigns_Can_Default_on_Local-Currency_Debt.pdfhttp://www.reuters.com/article/fitch-the-money-printing-myth-why-sovere-idUSFit65645620130510
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