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The US national debt is denominated in dollars. The US government decides what a dollar is. There's no way they can default. Just trigger hyperinflation.
by dripton 13y ago
The US national debt is denominated in dollars. The US government decides what a dollar is. There's no way they can default. Just trigger hyperinflation.
- Pwnguinz 13y agoSure, that's the "technically correct, but practically worthless" answer. Trigger hyper-inflation and then what? It surely won't be "business as usual" afterwards.
- ekianjo 13y agoThat's why they do it progressively enough so you dont see prices jumping up too fast. But be sure that they do, from year to year...