Because they decided to issue it, mainly to instill confidence in a currency with a history of big inflation. But this isn't the norm.
It doesn't change the argument that it is impossible to be unable to "pay back" something that you have an infinite supply of.
Because they decided to issue it, mainly to instill confidence in a currency with a history of big inflation. But this isn't the norm.
It doesn't change the argument that it is impossible to be unable to "pay back" something that you have an infinite supply of.