3 ms·
I'm expecting the end game will be a very substantial devaluation of the dollar. Lenders have helpfully lent the US government its own currency, so the debt ca
by pfdietz 2y ago
I'm expecting the end game will be a very substantial devaluation of the dollar. Lenders have helpfully lent the US government its own currency, so the debt can be inflated away. It will be hard to borrow again after that, but the GOP wouldn't mind making it hard for future US governments to borrow more money and thereby grow the government again.