That would cause a mass exodus of capital from the USA... and a total lack of foreign capital to fund existing debt.
Your scenario of them placing the printing presses in overdrive would transfer wealth from savers to the borrowers at an unprecedented rate, and thus be absolutely unpalatable politically- yet it certainly remains a possibility.
- Forums
- ASX - General
- **$$ The KEY risk $$*******
That would cause a mass exodus of capital from the USA... and a...
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)