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ZombieCupcake22 t1_j28dfzi wrote

They can, but it's not always beneficial. A countries "debt" isn't the same as personal debt. The point of it is to remove some currency from circulation to help control inflation. Monetarily sovereign countries can pay it all off whenever they want.

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Derikoopa OP t1_j28dlnw wrote

When you say remove currency, do you mean in coins or across all facets like digital?

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ZombieCupcake22 t1_j28egyv wrote

All currency, although for bonds and bills it's mostly from reserves held at the central bank

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