Quote by Carmen M. Reinhart

Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's financial system. When times…

— Mark Zandi

The natural tendency of government, once in charge of money, is to inflate and to destroy the value of the currency.

— Murray Rothbard

After everyone has had a chance to bluster, posture, and pontificate, we are left with one basic question: under any foreseeable circumstance, would it…

— John Sununu

Government should stand behind its currency and credit and the bank deposits of the nation. No individual should suffer a loss of money through…

— Abraham Lincoln

I certainly don't want our nation to go into default, but at the same time, I'm very concerned about our ongoing debt problem.

— Randy Hultgren

By creating the European Central Bank, the member states exposed their own government bonds to the risk of default. Developed countries that issue bonds…

— George Soros

I don't mind the government accruing debts as long as every dollar is spent effectively with a high return. That works out fine. If…

— Jeremy Grantham

“The harder a government, such as a dictatorship, tries to maintain monetary policy autonomy, the more it must either limit the movement of capital…

— Janet M. Tavakoli

The full consequences of a default or even the serious prospect of default by the United States are impossible to predict and awesome to…

— Ronald Reagan

Nobody wants the United States to default on its debt. Nobody. But, at some point in time, we've got to address the fiscal woes…

— Chuck Fleischmann

Nothing so weakens government as persistent inflation.

— John Kenneth Galbraith

Nothing so weakens a government as inflation.

— John Kenneth Galbraith