The US emits two types of scrapes of paper, one of which (bonds) promises the other (the us dollar) and the "experts" somehow think america can actually go bankrupt. That's hilarious.

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ahnick 5 hours ago | parent | next [-]

The US is not going to go bankrupt, but the purchasing power of the dollar will continue to go down and down and down.

	▲	TSiege 5 hours ago \| parent [-]
		So US manufacturing would go up and up by that logic. Not to mention the US can simultaneously restrict the money supply via increased taxes at same time. The US also could just stop issuing bonds entirely and simply create the currency directly rather than the Rube Goldberg that is the bond market

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root-parent 5 hours ago | parent | prev [-]

You will not go bankrupt, its just that a BigMac will cost you $10,000.