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Non-Cattle Specific Topics
Every Thing Else Board
Bank Closing - What to do?
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<blockquote data-quote="Brandonm22" data-source="post: 674708" data-attributes="member: 7645"><p>The U.S. government can never go bankrupt. It prints its own money backed up by only threat of force. It is a crime for a creditor in the United States to refuse to accept paper dollars in payment. We can (and probably will) see inflation but the dollar always has some demand because most U.S. consumers owe debts that are payable in dollars.</p></blockquote><p></p>
[QUOTE="Brandonm22, post: 674708, member: 7645"] The U.S. government can never go bankrupt. It prints its own money backed up by only threat of force. It is a crime for a creditor in the United States to refuse to accept paper dollars in payment. We can (and probably will) see inflation but the dollar always has some demand because most U.S. consumers owe debts that are payable in dollars. [/QUOTE]
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Bank Closing - What to do?
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