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rebuilder
9 months ago
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Bond rout starting to sound market alarm bells
The US can always pay their dollar-denominated debt by printing more dollars. It wouldn’t be a case of being
unable
but of being
unwilling
to pay.
procaryote
9 months ago
[–]
of course, losing confidence that the dollar denominated payments will be worth anything near what you expect in non-dollars is functionally very similar to losing confidence that they'll pay
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