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by meowster 1859 days ago
I've heard that such debt contracts have been retroactively-changed to be paid in gold instead of the hyper-inflated currency.

I cannot find evidence to backup such claims, has anyone else heard of this or have an expample?

And like another user suggested, what's to prevent the government from passing a law that changes debt contracts?

1 comments

>And like another user suggested, what's to prevent the government from passing a law that changes debt contracts?

In the USA it will be lobbyists.

So they will not "prevent" the government, they will cajole and corrupt people in the legislative and executive branches so it doesn't get changed.
Prevention doesn’t imply anything about its means.