Slacker News Slacker News logo featuring a lazy sloth with a folded newspaper hat
  • top
  • new
  • show
  • ask
  • jobs
Library
← Back to context

Comment by lokar

3 hours ago

A nation that borrows in its own currency can’t be forced to default.

1 comment

lokar

Reply

inaros  3 hours ago

Technically true, and completely meaningless. Can't default just means the government can print worthless paper instead. Weimar Germany, Zimbabwe, and Argentina all borrowed in their own currencies...

Slacker News

Product

  • API Reference
  • Hacker News RSS
  • Source on GitHub

Community

  • Support Ukraine
  • Equal Justice Initiative
  • GiveWell Charities