There are pre-requisit of printing money.

回答: 美国不会破产,别费心了老豆2011-06-07 15:10:18

It is that there shall be holders of US debts.

Yes, US can print money to inflate away the debts. The end results is the loss of confidence on US dollar and citizen's saving's account evaporates.

That is equivalent to the bankruptcy. (although technically the country stay solvent but American people will be bankrupted through the printing process)

Currency collapse (or hyperinflation) is using countries savings to pay for the debts.

No difference, it is bankruptcy.

所有跟帖: 

这个, 现在还没有那个货币能取代美元的地位. -ca2004- 给 ca2004 发送悄悄话 (0 bytes) () 06/07/2011 postreply 17:00:16

That is nonsense. No replacement does not mean -天下多蚤- 给 天下多蚤 发送悄悄话 (251 bytes) () 06/07/2011 postreply 18:54:36

世界还没有回到以物易物的年代, 美元很多时候还是结算货币. -ca2004- 给 ca2004 发送悄悄话 (0 bytes) () 06/07/2011 postreply 20:46:14

The fast FED do QE, the sooner the end of reserve currency statu -天下多蚤- 给 天下多蚤 发送悄悄话 (132 bytes) () 06/08/2011 postreply 05:58:34

价值是相对的,没有永远保值的资产 -老豆- 给 老豆 发送悄悄话 (354 bytes) () 06/07/2011 postreply 17:28:46

What is bankruptcy measured at? -天下多蚤- 给 天下多蚤 发送悄悄话 (169 bytes) () 06/07/2011 postreply 18:56:28

This Zimbabwe comparison is misguided -老豆- 给 老豆 发送悄悄话 (149 bytes) () 06/07/2011 postreply 20:05:08

You only need to think how debts would be paid. -天下多蚤- 给 天下多蚤 发送悄悄话 (715 bytes) () 06/08/2011 postreply 06:05:22

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