cm0002@lemmy.world to memes@lemmy.world · 2 days agoEtherium logo finally makes senselemmy.mlimagemessage-square113fedilinkarrow-up11.63Karrow-down121
arrow-up11.61Karrow-down1imageEtherium logo finally makes senselemmy.mlcm0002@lemmy.world to memes@lemmy.world · 2 days agomessage-square113fedilink
minus-squareubergeek@lemmy.todaylinkfedilinkEnglisharrow-up1·23 hours agoA country, itself, cannot go “bankrupt”. You wanna know how we can settle debts, for pennies on the dollar, today, right now? Mint a 10 gajillion USD coin. Now, pay all debts. Now, destroy 10 gajillion USD coin. See? Impossible to go bankrupt, if you’re the buyer, generator, and seller of something, and there’s always a willing buyer.
A country, itself, cannot go “bankrupt”.
You wanna know how we can settle debts, for pennies on the dollar, today, right now?
Mint a 10 gajillion USD coin. Now, pay all debts. Now, destroy 10 gajillion USD coin.
See? Impossible to go bankrupt, if you’re the buyer, generator, and seller of something, and there’s always a willing buyer.