I submitted this because it's a different viewpoint to those I've seen previously.
The point that countries with debt denominated in their own currencies are in a stronger position than others is valid, but I question the assertion that if inflation becomes the order of the day that there will always be buyers for sovereign debt.
The point that countries with debt denominated in their own currencies are in a stronger position than others is valid, but I question the assertion that if inflation becomes the order of the day that there will always be buyers for sovereign debt.