While printing more money and implementing YCC might be options, they come with their own set of challenges.
Increasing the money supply can lead to inflation, eroding the purchasing power of consumers and causing economic instability.
YCC, on the other hand, can distort market signals and incentivize risk-taking behavior.
Directly involving banks and pension funds in purchasing longer-term debt could potentially create a more balanced approach, spreading the burden of debt across different sectors and minimizing the negative impacts of inflation and distorted market signals.
Only time will tell.