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>> a country that controls its own currency should always be able to pay its debts. That only if it borrows in its own currency which may not work on small cou
by thefounder 6y ago
>> a country that controls its own currency should always be able to pay its debts.
That only if it borrows in its own currency which may not work on small countries, big loans or weak currencies because the lenders want a safe currency(i.e eur, usd).