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No need to default on our debt when we can just print more money...I had an interesting conversation with a former Undersecretary in the State Department a few years ago and when he was asked the question of how the United States would react if its "debts were called in" his response was "just print the money to cover it."
No need to default on our debt when we can just print more money...
I had an interesting conversation with a former Undersecretary in the State Department a few years ago and when he was asked the question of how the United States would react if its "debts were called in" his response was "just print the money to cover it."