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by HideousKojima
948 days ago
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>Most of the federal debt is held domestically, meaning by the US. You can't be in debt to yourself. Sure, we can just inflate away the Social Security fund, but do you think the effects of this would be better or worse than simply defaulting? And nevermind the political optics of "We still paid what we owed to China but magic wanded away the debt to Grandma!" |
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