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why the government can't simply cancel its pandemic debt by printing more money

Written by Ananish Chaudhuri, Professor of Behavioural and Experimental Economics, University of Auckland

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With the government borrowing heavily to fund its pandemic response and recovery, it has been suggested it could simply cancel its debt by printing more money. That sounds like an attractive idea, but it is one that would have seriously adverse consequences.

Derived from “modern monetary theory” (MMT), the...

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why the government can't simply cancel its pandemic debt by printing more money

I’m close to retirement age. What are my options for drawing on my super savings?

Banning card surcharges will make paying simpler – but not necessarily cheaper

Best AI Answering Services for Small Businesses in 2026 (Compared)

Why a second global shipping chokepoint could soon live up to its name as the ‘Gate of Tears’

The Fair Work Commission has abolished junior rates of pay for most over 18s. It’s a positive step

KiwiSaver payments have to rise – but earners shouldn’t be penalised if they can’t afford it

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

Transform Your Walls with Stylish Wall Hooks

InteliCare (ASX:ICR) inks multi-million dollar reseller agreement and aged care deployment

The economy can't guarantee a job. It can guarantee a liveable income for other work

Work-life Balance Key to Solving Construction Talent Shortage

How to Apply for More Jobs in Less Time Using AI Automation

Why Middle Australia Is Quietly Driving the Shift Away From Car Ownership

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

Time to punch above our weight and stop shadowboxing on AI

Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

How Contiki is Redefining Travel for Young Adventurers

Navigating the Cosmetic Advertising Crackdown Before September Guidelines Hit

Defining Actionable AI for Australian IT Efficiency and Security