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by evancox100
939 days ago
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Also, not only is it possible, but many countries have in fact chosen to default on debt denominated in their own currency, rather than subject their citizens to wild inflation and/or break norms around reserve bank independence. So, it could happen even if US is not forced to, I agree. For a starting point, see https://www.bankofcanada.ca/wp-content/uploads/2020/06/BoC-B... |
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