I was very imprecise. The point being, there are many lenders out there. Are credit unions and all the wealth of their members to be destroyed too? My comment was to imply there is legitimate debt out there. Obviously, I don't care of the fedres and it's backers get anything other than a noose.
It's too bad for them, and I mean it
A debt denominated in dollars... Or any (((fiat))) you can think of such as, euros...
Those fiats are backed by debt, defaulting on the debt would effectively multiply the fiat itself by zero
Destroying everyone isn't exactly healthy nor beneficial.
It's not going to destroy everyone
It's going to destroy every dollar they have, or have been promised to have
Edit: replace "dollar" by fiat if you will, this isn't going to happen in a vacuum anyways
(post is archived)