So, who does the US government mostly owe the debt to? I imagine these are mostly bond-holders? Private citizens? Governments? Who would take what in a bankruptcy?
Was just reading the old classic "what has government done to our money" and he talked about how governments around the world were dreaming of find a way someday to coordinate central bank inflation more concordantly but hadnt found a way to do it yet. might us bankruptcy followed by digital currency be that way?
So, who does the US government mostly owe the debt to? I imagine these are mostly bond-holders? Private citizens? Governments? Who would take what in a bankruptcy?
Was just reading the old classic "what has government done to our money" and he talked about how governments around the world were dreaming of find a way someday to coordinate central bank inflation more concordantly but hadnt found a way to do it yet. might us bankruptcy followed by digital currency be that way?