As long as the debtor has a license to print the money with which to pay the creditor, there is a way out.
That might work for the government, but you and I can’t print money and when our money won’t buy the basic necessities because of inflation (see Argentina) we will suffer.
“That might work for the government, but you and I can’t print money and when our money won’t buy the basic necessities because of inflation (see Argentina) we will suffer.”
It will work for the Government and all those connected to it or favored by it.
The rest of us will be screwed...