2 ms·
Even if you have your own money you need stable foreign currency to operate. It's not like you just choose to issue debt in foreign denomination cause it's fun
by riffraff 2y ago
Even if you have your own money you need stable foreign currency to operate.
It's not like you just choose to issue debt in foreign denomination cause it's fun.
- neilwilson 2y agoYou don't. There is no requirement for the state to get involved in other people's money. That's for the private sector to sort out - largely because they can go bankrupt and wipe out the debt when things inevitably go wrong.