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It could... But each dollar they add puts the country's solvency at risk. And it's already deeply at risk. But you're not alone thinking this. I'm deeply co
by david927 6y ago
It could... But each dollar they add puts the country's solvency at risk. And it's already deeply at risk.
But you're not alone thinking this. I'm deeply concerned at how many people think that the Fed can just "manage" this. I feel like I'm watching generational wealth falter and the spoiled children are reacting to the news with, "My dad will just put it on his card."
- taurath 6y agoI don’t think any country that can print it’s own currency CAN become insolvent, by definition. Our currency could be completely devalued yes, and nobody would put their money in USD anymore, or back loans made in the US, and the resulting economic crash would reshape the world economy towards Europe and China. But not be insolvent.