Government debt doesn't need to be repaid, as long as exporters can swap their real assets with nominal currency USD. Sitting on such a luxury, one can preach t

Government debt doesn't need to be repaid, as long as exporters can swap their real assets with nominal currency USD. Sitting on such a luxury, one can preach to the world that 'govt debt doesn't need to repaid'. Go and ask all countries who can't borrow money in their national currencies, and instead have to borrow in USD.