this post was submitted on 22 Sep 2023
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[–] jlyws123@lemmygrad.ml 8 points 2 years ago (1 children)

As long as others believe that you have credit, your money will not run out.

[–] Life2Space@lemmygrad.ml 6 points 2 years ago (1 children)

Countries that possess monetsry sovereignty can always print their own currency. But I do agree that the currency will be deemed undesirable if it's not backed by the sufficient quanity and quality of goods and services.

[–] jlyws123@lemmygrad.ml 3 points 2 years ago

Theoretically, yes, but there is a country that can force others to accept it by military means