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Nikhil Kamath · @nikhilkamathcio

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How America Sustains Its Debt

From x.com/nikhilkamathcio

I find the economics of US debt disturbing. One possibility I raised is that inflation and the dollar losing its position as the global currency could allow the dollar to devalue, potentially helping the US service its debt in the future. I called this counterintuitive given the effort to retain the dollar’s status as the global currency of trade, and asked what others thought. This is a qualitative possibility, not a calculation or prediction, and relates to cracks in dollar dominance.