Falls von Interesse:
Wie wir es eventuell doch noch zu steigenden Zinsen in der Eurozone (und dann wohl auch einer beschleunigenden "echten" Inflation oder zumindest Schuldenkrise) schaffen könnten - einfach weiter über einen Schuldenschnitt durch EZB/nationale Zentralbanken zugunsten unserer südländischen Freunde diskutieren...
Cancelling ECB-held debt? The worst idea of the year
In financial terms, cancelling public debt held at the central bank could backfire badly. It would breach a taboo. Because it would not confer any serious benefits to any government, investors may see it as a trial run for a broader debt restructuring at their expense. As a result, risk premia for bonds of highly indebted countries may soar. That would make it more difficult for the public sector as well as for households and companies in the country concerned to finance themselves. Instead of debt relief, the result may be a greater risk of a debt crisis.
https://www.berenberg.de/fileadmin/w...d_bad_idea.pdf