this post was submitted on 07 Jun 2024
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the debt (lemmy.world)
submitted 8 months ago by Varven to c/[email protected]
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[โ€“] AnUnusualRelic 5 points 8 months ago (1 children)

The US just prints more money when it doesn't have enough to pay its bills.

You aren't allowed to do the same thing though.

[โ€“] Aux 1 points 8 months ago

You aren't allowed to do the same thing though.

Mmm, yes, you are allowed. You can't print existing government backed currency, but you can print your own. And plenty of companies and individuals are doing that.