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The US government debt is all in US dollars. Who controls the value of the US dollar? Yeah. Do the math.
by wooster 17y ago
The US government debt is all in US dollars. Who controls the value of the US dollar? Yeah. Do the math.
- sailormoon 17y agoOh yeah. Drop the value of the USD by 50%, I dare you. So tell me, what doesn't the USA import?
- torial 17y agoFor the most part, our politicians. Notable exceptions being gov of California. Not sure that we import many weapons, since we make so much at home. We have lots of corn and pigs. So what's the point?
- sailormoon 17y agoMy point is that the sudden doubling of the price of oil and every other import would have a profound effect on the USA. It might be desirable anyway, despite the cost, but it is not something that can be done on a whim without any consequences, as the parent to my comment seemed to suggest.