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US could choose defaulting as a better option to hyperinflation. It would lose all its credibility either way. The only thing it should do now is seriously jack
by seanmcdirmid 11d ago
US could choose defaulting as a better option to hyperinflation. It would lose all its credibility either way. The only thing it should do now is seriously jack interest rates, and maybe consider some austerity, but the working class is already at a breaking point and asking them to sacrifice even more for the billionaires isn't going to go over well politically (and the billionaires...).