I am not up on these nation to nation loans but could the Chinese suddenly call in the trillions of dollars in loans to the U.S.
Some freepers will know
Could they... would they?
Congress should authorize the U.S. mint to strike a single coin
with the face value of eleventy-mega-trillion dollars
and then have it sent it to the chinese and ask for change back.
Can’t “call” a T-bond.