3 ms·
> these aren't the world's reserve currency. U.S could just pay its debt to China by 'printing money' China isn't the entity which holds the US debt, the US ci
by otis_inf 11y ago
> these aren't the world's reserve currency. U.S could just pay its debt to China by 'printing money'
China isn't the entity which holds the US debt, the US citizens do. Besides, printing money doesn't make you able to pay debt, it just devaluates the money you already have. The early 20th century has shown us all that printing money won't help you.