Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

>> If we ever neglected to do so (AKA defaulted), it would be MUCH harder for our country to raise money in the future.

Really? Do the creditors have a better option?



Money isn't real. It is a promise to produce value. If the promise is broken, the alternative is to stop playing the game.


So if your whole wealth is in US dollars, how do you stop playing the game?




Consider applying for YC's Winter 2027 batch! Applications are open till November 2.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: