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US government's credit rating is high mainly because US has had the highest GDP in the world for more than the past half century. Source
US government's credit rating is high mainly because US has had the highest GDP in the world for more than the past half century. Source of US gov't income is the tax revenue, which is proportionate to the GDP. It can sell new issues of bonds to partially retire maturing debts. It can print dollars that are also accepted all over the world. All of the above
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