alt Hacker NewsThe FED can print as much money as it wants. Defaulting this way on US debt won't make the US a more desirable debtor nation.
The FED can print as much money as it wants. Defaulting this way on US debt won't make the US a more desirable debtor nation.
I think you are missing the point. The point is it would materialize as inflation instead of debt default. Not that there is no downside risk.