I feel like the United States is always meddling in other countries affairs and yet still climbing further into debt. Kind of like someone giving you advice on a golf course who is terrible themself. Is it the military presence? Economic relationships?
In: Economics
Sovereign debt is really weird for countries that issue it in denominations they control. They can always repay it by creating more money. You should see as more of a way to draw money out of the economy to control inflation, as more money lent to the government means less money chasing scarce goods and services.
It’s not debt like you student loans are, or your mortgage.
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