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That's different, this is money we owe ourselves rather than money we owe foreign creditors. Printing more dollars can be used to fix a trade imbalance. When th
by SapphireSun 11y ago
That's different, this is money we owe ourselves rather than money we owe foreign creditors. Printing more dollars can be used to fix a trade imbalance. When the problem is domestic, we can just pass laws to clean it up. The question is who's going to be on the losing end of a renegotiation.
- deleted 11y ago[deleted]
- YokoZar 11y agoTo be clear, instead of passing laws shirking the debt we could also "solve" the problem by inflating the currency (printing money to pay the pensioners).
- emp_zealoth 11y agoCynical part of me instantly thought how nice of a way it is to screw everyone except the uber rich