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A comment on What is money, anyway?. Parent comment

Re:What is money, anyway? by unmole on Monday March 28, 2022 @05:15AM (#30828704)
How does it matter to whoever is holding the treasuries? The claim is that the promise to pay the debt will not be kept.
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Re:What is money, anyway? by Hendrikto on Monday March 28, 2022 @08:45AM (#30829930)
Again, this comes down to how you define ”pay the debt“. To me, if you pay back your debt, you are dept-free. Re-financing (at the same interest rate) is debt-neutral, if you follow this logic.
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Re:What is money, anyway? by unmole on Monday March 28, 2022 @09:26AM (#30830298)
> To me, if you pay back your debt, you are dept-free.

Graber's point is primarily about foreign holders of US debt and how this is the American empire extracting tribute from its vassals. Whether America is debt-free or not really relevant.

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Re:What is money, anyway? by Lammy on Tuesday March 29, 2022 @01:56AM (#30839273)
Capital itself is global and claims no Nation, so why should you and I?
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