Chapter 60: The U.S. National Debt is Completely Out of Control. Oh Well? Profile picture for user Sprott Money by Sprott Money
The USA debt may be the only state's debt that is completely controlled by definition. Economists call any debt denominated in local currency 'internal' debt. As you may pay halve of your debt by dropping the local currency twice. And 25% of your debt if you drop your currency 4 times.
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