| ▲ | bryanlarsen 15 hours ago | |||||||
As long as the debt is denominated in US dollars, default is a choice. The US cannot be forced into default; it can always choose to inflate away the debt instead. Default itself will cause massive inflation, default is not a way to prevent inflation. | ||||||||
| ▲ | dh2022 12 hours ago | parent [-] | |||||||
Inflation means more money chasing the same amount of goods and services. How will default cause massive inflation? Will the amount of money in circulation increase? | ||||||||
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