just_another_person@lemmy.world to politics @lemmy.world · 2 months agoThe Treasury just declared the U.S. insolvent. The media missed it | Fortunefortune.comexternal-linkmessage-square22linkfedilinkarrow-up1143arrow-down131 cross-posted to: progressivepolitics@lemmy.worldusa@midwest.socialusa@lemmy.mlhackernews@lemmy.bestiver.seeconomics@lemmy.world
arrow-up1112arrow-down1external-linkThe Treasury just declared the U.S. insolvent. The media missed it | Fortunefortune.comjust_another_person@lemmy.world to politics @lemmy.world · 2 months agomessage-square22linkfedilink cross-posted to: progressivepolitics@lemmy.worldusa@midwest.socialusa@lemmy.mlhackernews@lemmy.bestiver.seeconomics@lemmy.world
minus-squareTrying2KnowMyself [they/them/their/theirs/themself]@lemmy.mllinkfedilinkarrow-up7·2 months agoEven without dollar hegemony, the USA is the issuer of dollars and could choose to print all of the money necessary to fully pay off their debt. They’re only interested in printing money to fund genocide, though.
Even without dollar hegemony, the USA is the issuer of dollars and could choose to print all of the money necessary to fully pay off their debt. They’re only interested in printing money to fund genocide, though.