Alan Greenspan said the United States could never default on its debt.
Why?
"The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default."
Money printing kept things going. When the US dollar no longer has reserve currency status the party is over 👀
minh
npub105…zz4vt
2023-05-02 07:17:47
Author Public Key
npub105ptwm5sa4aggcyp8k0aqp6dnn03zlenyhtwntjzqhvmk9kfxwjs6zz4vtPublished at
2023-05-02 07:17:47Event JSON
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"content": "Alan Greenspan said the United States could never default on its debt.\n\nWhy? \n\n\"The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.\"\n\nMoney printing kept things going. When the US dollar no longer has reserve currency status the party is over 👀 ",
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