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Yes, but if they let get into a debt spiral, the only solution becomes devaluation of the dollar to the point of hyperinflation. Only then debt is reduced, but it would be terrible for everybody except a few.


Devaluing the dollar would do wonders for post-tariff prices, and prop up exports.

I say it in jest, but I can't spot the problem with it because I'm not an economist.


Several issues:

- imports will become prohibitively expensive

- doing everything locally is less efficient

- the dollar will lose its world currency status

- then debt will become unsustainable




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