• village604
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    1 day ago

    The USD is a fiat currency. They can just print more to pay back the debt.

    It would cause inflation, but they can’t go bankrupt.

    • macniel@feddit.org
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      1 day ago

      sure its fiat currency, but other countries don’t have to accept it when its less worth than the paper the money was printed on.

      • village604
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        1 day ago

        The majority of the US debt is held domestically.

    • Archangel1313@lemmy.ca
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      1 day ago

      The amount of money they would need to print in order to pay it back, would cause the kind of inflation that bankrupts a country.