SecondThought: Why The Government Has Infinite Money
SecondThought: Why The Government Has Infinite Money
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As long as others believe that you have credit, your money will not run out.
Countries that possess monetsry sovereignty can always print their own currency. But I do agree that the currency will be deemed undesirable if it's not backed by the sufficient quanity and quality of goods and services.
Theoretically, yes, but there is a country that can force others to accept it by military means
18 comments