»National Debts. Against the Debt Braking« The public sector is increasingly financing itself through borrowing. This is promoted by Zero interest policy. The debt brakes are suspended or ignored. Contrary to all prohibitions, the Central Banks fund their states monetarily. However, the debt brakes are economically unrea-sonable. Austerity constraints are economically and politically devastating. The government’s financing of the central banks does not create any debts of their state, since ›debtors‹ and ›creditors‹ are identical.weiterlesen