Mayer, Thomas; Schnabl, Gunther - 2021
precedents and proposals have included austerity, haircuts and the generation of inflation. Each way has advantages and …, hyperinflation in Germany after World War I, inflation in Argentina since the 1980s, currency reform in Germany after WW II, and …Rising public debt everywhere has raised the question of how to reduce debt again in the future. High public debt also …