Former Federal Reserve boss Alan Greenspan said over the weekend that the United States will not default after the S&P downgraded its credit rating because it can turn to counterfeiting fiat paper money. “The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default” said Greenspan on NBC’s Meet the Press. Former military intelligence operative Bob Woodward wrote a book about Greenspan. It’s called Maestro. Greensp … Continue reading →