Paying back debt with devalued dollars isn’t such a bad thing as long as you can come up with them. The losers are the ones who lent the money when it was worth more.
Paying back debt with devalued dollars...
Kinda makes a mockery of the idea of a contract don’t it?
Who is the sucker?
Who is the thief?
“Paying back debt with devalued dollars isn’t such a bad thing as long as you can come up with them. ‘
From a government’s viewpoint, this is completely right.
From a taxsheep’s viewpoint whose life savings are in dollars, the sheep is getting badly screwed.