# Inflating away sovereign debt in developed countries In this snippet of the WhatBitcoinDid podcast, Lyn Alden discussed how sovereign debt - debt held by the government - can and most likely will be removed from the US economy. | Creator | Time | URL | | --------- | ---- | ---------------------------------------------------------- | | Lyn Alden | 2min | [Full source](https://www.youtube.com/watch?v=O6PjUFsUM94) | {% embed url="" %} {% hint style="info" %} **Takeaway** Countries that have a lot of debt denominated in a currency they themselves can create more off have the ability to simply create the money to pay of their debts at the cost of higher money supply and inflation. Furthermore, inflation means their absolutely denominated debts have essentially become worth less than before in purchasing power. {% endhint %} --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://btcjourney.gitbook.io/start/trust-problems-with-our-money/central-banks-money-supply-and-currency-debasement/inflating-away-sovereign-debt-in-developed-countries.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.