Comment on Apparent Theft at Mt. Gox Shakes Bitcoin WorldparentComments−sp33212yIt's so the value of the American debt held by China stays high, that way it's valuable and also hard to pay back.−eru12yHard to pay back? The Americans can print all they money they ever need, and the debt is denominated in that currency.(Additionally, isn't the amount of government debt held by the Chinese only something like 10% of the total government debt?)
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It's so the value of the American debt held by China stays high, that way it's valuable and also hard to pay back.
Hard to pay back? The Americans can print all they money they ever need, and the debt is denominated in that currency.
(Additionally, isn't the amount of government debt held by the Chinese only something like 10% of the total government debt?)