3 ms·
> So they will inflate their debt away. You say this, but it doesn't work nearly as easily as you seem to think. You cannot just devalue your currency and pay
by icelancer 8y ago
> So they will inflate their debt away.
You say this, but it doesn't work nearly as easily as you seem to think. You cannot just devalue your currency and pay people off with zero effects. And if that was actually a threat, the US would not have an AAA credit rating.
- cm2187 8y agoOh I agree, inflation is nasty. This accumulation of debt will end in tears.
- gboss 8y agoThe US doesn't actually have an AAA rating anymore according to S&P it's an AA+. https://en.m.wikipedia.org/wiki/United_States_federal_government_credit-rating_downgrades https://en.m.wikipedia.org/wiki/United_States_federal_govern...