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The US can always print money; it's the expected inflation dictates the value of bonds.
by dlcarrier 6mo ago
The US can always print money; it's the expected inflation dictates the value of bonds.
- nsvd2 6mo agoWell, yes, but that's another way of saying the same thing. If the US can't pay and is forced to devalue their currency, thus tanking the value of your investment, you lose money. Therefore, the likelihood of this drives interest rates up.