MONETIZING DEBT
\mˈɒnɪtˌa͡ɪzɪŋ dˈɛt], \mˈɒnɪtˌaɪzɪŋ dˈɛt], \m_ˈɒ_n_ɪ_t_ˌaɪ_z_ɪ_ŋ d_ˈɛ_t]\
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Government sanctioned printing of money as an act of eliminating debt.
By Henry Campbell Black
Word of the day
Snake's-head
- Guinea-hen flower; -- so called in England because its spotted petals resemble the scales of a snake's head.