True, but nobody will loan money to a country that is not fiscally responsible (...

		javert on Sept 25, 2013 \| parent \| context \| favorite \| on: Empty F-16 jet tested by Boeing and US Air Force True, but nobody will loan money to a country that is not fiscally responsible (i.e., able to pay it back). A country that must be fiscally responsible to finance its wars will not semi-permanently invade multiple foreign countries. The US gets out of this by being able to do quantitative easing.

Someone will always lend you money if you have the power to tax.