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RE: Inflation, Deflation, a Crystal Ball and Adaptability
Thanks for the links, will read, so much to learn. Looks like the Argentinian bonds were issued in USD. http://www.nasdaq.com/article/argentina-raises-eyebrows-with-surprise-100year-bond-sale-20170619-00941
I wonder what the chances are of Argentina defaulting on a USD loan in the next 100 years? I'd be charging a wicked premium if I was writing options on that!
Glad your interested in MMT, it's starting to gain a lot of traction. This is what young economists are learning at Newcastle Uni.