[quote=jficquette]You can control the value by the interest rate you pay and manipulate the relative strength against other currencies.
If our debt was denominated in Euro’s then that would make things different.
John
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To an extent. Don’t confuse interest rates with dollar valuation though. The price of money is different from the value. Though the price will affect value over time, it’s still different.
Still the problem remains we can’t print and the world wants a different reserve currency. The fed is in a box.
