this post was submitted on 21 Mar 2025
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[โ€“] [email protected] 1 points 1 day ago* (last edited 1 day ago) (1 children)

Or you reset the currency, like Turkey has done many times before no? You swear off your debts, print new money.

[โ€“] [email protected] 3 points 1 day ago

No, because the issue is supply based. Changing the currency will never create a larger amount of money coming in than us leaving. Changing your currency also has very bad outcomes for your future ability to obtain loans which are critical for most nations.