Question: When countries in a common currency area show persistently rising ratios of public debt to GDP, how does it affect the credibility of an inflation-targeting

When countries in a common currency area show persistently rising ratios of public debt to GDP, how does it affect the credibility of an inflation-targeting central bank?

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When countries in a common currency area show persistently rising ratios of public debt to GDP, how does it affect the credibility of an inflation-targeting central bank? Briefly explain.

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