No Chance of Default, US Can Print Money: Greenspan
Former Federal Reserve Chairman Alan Greenspan on Sunday ruled out the chance of a US default following S&P's decision to downgrade America's credit rating.
"The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default" said Greenspan on NBC's Meet the Press.
Yeah, that worked out so well for the Weimar Republic and Zimbabwe, we ought to try it too.
"The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default" said Greenspan on NBC's Meet the Press.
Yeah, that worked out so well for the Weimar Republic and Zimbabwe, we ought to try it too.
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