Hi everyone!
Has anyone come across a paper available on the net dealing with debt default by a 
government
to their own central bank. I think I should be more specific. If a government owes a 
central bank 80 million dollars and if it defaults on its debt, could the government 
get away without doing much harm to the economy?

-Ismail

Ismail Ali Manik
Ministry of Finance
Maldives


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