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0 sats \ 0 replies \ @justin_shocknet 2h \ parent \ on: Is it even worth paying off the debt in fiat land? econ
Only works if the debt is in a currency you can print.
Foreign debt is usually denominated in USD, as was the case in Romania.
This why I point out how Bitcoin and Stablecoins are a well-planned natsec operation, the dollars world reserve status puts the US in a dilemma, it has had to put itself in debt to export enough dollars to stave off global default.