just_another_person@lemmy.worldcake to politics @lemmy.world · 4 months agoThe Treasury just declared the U.S. insolvent. The media missed it | Fortunefortune.comexternal-linkmessage-square22linkfedilinkarrow-up1143arrow-down130 cross-posted to: [email protected]
arrow-up1113arrow-down1external-linkThe Treasury just declared the U.S. insolvent. The media missed it | Fortunefortune.comjust_another_person@lemmy.worldcake to politics @lemmy.world · 4 months agomessage-square22linkfedilink cross-posted to: [email protected]
minus-squareTrying2KnowMyself [they/them/their/theirs/themself]@lemmy.mllinkfedilinkarrow-up7·4 months agoEven without dollar hegemony, the USA is the issuer of dollars and could choose to print all of the money necessary to fully pay off their debt. They’re only interested in printing money to fund genocide, though.
Even without dollar hegemony, the USA is the issuer of dollars and could choose to print all of the money necessary to fully pay off their debt. They’re only interested in printing money to fund genocide, though.