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A comment on Drug cartels use dollar bill serial numbers as random keys for delivery receipts. Parent comment
It also issues a lot of USD-denominated debt; deflating the dollar makes that worse.
If the government's dollar liabilities exceed its dollar assets, the impact of destroying a dollar on the government's financial health is negative.
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It also issues a lot of USD-denominated debt; deflating the dollar makes that worse.
If the government's dollar liabilities exceed its dollar assets, the impact of destroying a dollar on the government's financial health is negative.