What does “monetise the debt” mean in financial circles?

December 11, 2013 Monetise Your Website

Inquiry by doryanne949: Exactly what does “monetise the debt” mean in financial circles?
I read through in the Wall Street Journal where the Dallas president of the Federal Reserve is stressed over rising cost of living and “monetising the personal debt.” Just what is he chatting concerning?

Best answer:

Response by koolmukul2002
monetisation describes sale of something into lawful tender i.e. money … debt monetisation is when nation’s central bank purchases government bonds.

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