Dan Romero
@dwr.eth
If US debt-to-GDP is such a problem, why aren’t US Treasury rates surging and other fiat currencies surging relative to the dollar?
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Dan Romero
@dwr.eth
The US balance sheet is not a household or a business that can go bankrupt. It’s a nation state with tax laws backed by guns. There are ways to decline, of course, but very different from people or companies.
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yuga.eth
@yuga
Dan the modern monetary theorist
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