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But the assets of the United States include the right to print dollars! That right is worth more than anything denominated in dollars, as pretty much all of our
by lacker 18y ago
But the assets of the United States include the right to print dollars! That right is worth more than anything denominated in dollars, as pretty much all of our debt is.
The housing industry might be bankrupt. But that is a far cry from the entire United States being bankrupt.