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BGonline.org Forums
pay now or later?
Posted By: Sam Pottle In Response To: pay now or later? (Christian Munk-Christensen)
Date: Monday, 28 November 2011, at 10:20 p.m.
It's actually impossible for the US government to be unable to meet a dollar-denominated obligation, since it has the ability to print more dollars. A similar statement is true of Denmark, which still has its own central bank, unlike several of its neighbors.
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