Donald Trump says the U.S. will never have to default on debt because it prints money
Presumptive Republican presidential nominee Donald Trump said Monday the U.S. would never have to default on its debt.
"People said I want to go and buy debt and default on debt, and I mean, these people are crazy. This is the United States government," the self-described "king of debt" said on CNN's New Day. "First of all, you never have to default because you print the money, I hate to tell you, OK?"
He's not...wrong. Julie Kliegman
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Julie Kliegman is a freelance writer based in New York. Her work has appeared in BuzzFeed, Vox, Mental Floss, Paste, the Tampa Bay Times and PolitiFact. Her cats can do somersaults.
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