ByteOnBikes@discuss.online to People Twitter@sh.itjust.works · 3 days agoNot often I agree with wrestlers. He's also clapping back at all the supporters from the top ropediscuss.onlineimagemessage-square50fedilinkarrow-up1747arrow-down16file-text
arrow-up1741arrow-down1imageNot often I agree with wrestlers. He's also clapping back at all the supporters from the top ropediscuss.onlineByteOnBikes@discuss.online to People Twitter@sh.itjust.works · 3 days agomessage-square50fedilinkfile-text
minus-squarekonki@lemmy.onelinkfedilinkEnglisharrow-up1·edit-217 hours agoIt could, but it isn’t. The US national debt is solely denominated in US dollars: A currency of which the US government is the monopoly issuer. Thus the US government cannot run out of money to pay its obligations.
minus-squaretimbuck2themoon@sh.itjust.workslinkfedilinkEnglisharrow-up1·4 hours agoExcept that leads to inflation, which is a huge deal.
It could, but it isn’t. The US national debt is solely denominated in US dollars: A currency of which the US government is the monopoly issuer. Thus the US government cannot run out of money to pay its obligations.
Except that leads to inflation, which is a huge deal.