Quote:
Originally Posted by Babubhat
Insolvency is irrelevant. Government has unlimited ability to print money.
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Except for reality. I have a pile of German Reichsmarks, WWII German currency, that belonged to my Grandparents. Even the German government will not give you anything for them.
They printed so much of it that there are piles of it in the US. You can buy it for next to nothing. It is actually nicely printed on quality paper. Perhaps, buy some and frame it on your wall. A reminder of what can and does happen when a government prints valueless currency.