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mbperrin

(7,672 posts)
3. No one's going to default. The bankers who own the country and collect the interest won't allow it.
Sat Sep 14, 2013, 12:12 AM
Sep 2013

Even if we did, and no one would loan us a dime, the Fed can simply create the money to pay the bills.

But that's way out.

We never have and are not about to default. It's just kabuki.

Latest Discussions»Issue Forums»Economy»OK, so we are going to de...»Reply #3