如果你是一个类似美国、英国，或日本那样的国家，可以货币化自身的财政赤字，那么，你将不会发生主权债务问题，取而代之的是稀释公债价值的高通货膨胀。

If you are a country like the US, the UK, or Japan that can monetize its fiscal deficits, then you won't have a sovereign debt event but high inflation that erodes the value of public debt.

youdao

如果你是一个类似美国、英国，或日本那样的国家，可以货币化自身的财政赤字，那么，你将不会发生主权债务问题，取而代之的是稀释公债价值的高通货膨胀。

If you are a country like the US, the UK, or Japan that can monetize its fiscal deficits, then you won't have a sovereign debt event but high inflation that erodes the value of public debt.

youdao