Quote:
Originally Posted by Babubhat
Insolvency is irrelevant. Government has unlimited ability to print money.
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Quote:
Originally Posted by dewilson58
There's an uneducated statement.
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Respectfully, some economists believe it's true, the argument being that if your national debt is in your own currency, than you should be able to do this. Also, that the primary purpose of increasing interest rates and taxation is to control inflation.
Can't provide my source, but I'll bet Google or DuckDuckGo could.
JMHO