Home › Forums › Financial Markets/Economics › How long until US default?
US cannot and will not default on its debt. That debt is denominated in US dollars and we own the printing press.
this is absolutely correct!
Also, esmith is completely correct that inflating our way out of debt is NOT the same as defaulting on debt.
US cannot and will not default on its debt. That debt is denominated in US dollars and we own the printing press.
this is absolutely correct!
Also, esmith is completely correct that inflating our way out of debt is NOT the same as defaulting on debt.
US cannot and will not default on its debt. That debt is denominated in US dollars and we own the printing press.
this is absolutely correct!
Also, esmith is completely correct that inflating our way out of debt is NOT the same as defaulting on debt.
US cannot and will not default on its debt. That debt is denominated in US dollars and we own the printing press.
this is absolutely correct!
Also, esmith is completely correct that inflating our way out of debt is NOT the same as defaulting on debt.
US cannot and will not default on its debt. That debt is denominated in US dollars and we own the printing press.
this is absolutely correct!
Also, esmith is completely correct that inflating our way out of debt is NOT the same as defaulting on debt.
It may not be exactly the same but the end results are pretty darn close.
It may not be exactly the same but the end results are pretty darn close.
It may not be exactly the same but the end results are pretty darn close.
It may not be exactly the same but the end results are pretty darn close.
It may not be exactly the same but the end results are pretty darn close.
Countries that actually default experience much greater economic pain. Inflating out of the problem is a far better solution and basically acceptable in the world community. Kind of a game.
Countries that actually default experience much greater economic pain. Inflating out of the problem is a far better solution and basically acceptable in the world community. Kind of a game.
Countries that actually default experience much greater economic pain. Inflating out of the problem is a far better solution and basically acceptable in the world community. Kind of a game.
Countries that actually default experience much greater economic pain. Inflating out of the problem is a far better solution and basically acceptable in the world community. Kind of a game.