On the recordMay 4, 2023
We should not even be talking about a world in which the U.S. does not pay its bills.
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congress.govWe should not even be talking about a world in which the U.S. does not pay its bills.
Jerome Powell warns against the consequences of a U.S. default.
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No one should assume that the fed can really protect the economy and the financial system, or our reputation globally from the damage that a U.S. default might inflict.
We should not even be talking about a world in which the U.S. does not pay its bills.