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A nit-pick, but also maybe a useful FYI, "sovereign debt" is different than public/national debt. The US doesn't issue sovereign debt AFAIK, and you cannot jus
by encoderer 14y ago
A nit-pick, but also maybe a useful FYI, "sovereign debt" is different than public/national debt.
The US doesn't issue sovereign debt AFAIK, and you cannot just print more money to repay sovereign debt, that's the whole point of it. (Sovereign debt by definition is issued in a foreign currency.)