How America Really Defaults
21:31–22:51 · 80s
Blankfein explains that the U.S. is unlikely to miss payments outright; instead, default would come through inflation that erodes the dollar’s value, and he underscores why an independent Fed is crucial.
21:31–22:51 · 80s
Blankfein explains that the U.S. is unlikely to miss payments outright; instead, default would come through inflation that erodes the dollar’s value, and he underscores why an independent Fed is crucial.
We use cookies to understand how you use our platform and to improve your experience. Click "Accept All" to consent, or "Decline non-essential" to opt out of non-essential cookies. Read our Privacy Policy.