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more context, from Bitcoin's sadly drowned troll poet Mircea Popescu:
"Mr Perry sued. The Attorney General proposed a theory whereby previous Congresses may not limit the powers of the currently sitting Congress, and so if they today decide not to repay any debt, or to repay a cent to the dollar, or to require the creditors pay them to discharge debts rather than the other way around as it is customarily done... all the better.
The court ruled :
"Plaintiff seeks to make his case solely upon the theory that, by reason of the change in the weight of the dollar he is entitled to $1.69 in the present currency for every dollar promised by the bond, regardless of any actual loss he has suffered with respect to any transaction in which his dollars may be used. We think that position is untenable."
Now explain to me the difference between the Democratic People's Republic of Korea and the Democratic People's Republic of Washington, DC. Can you ?"
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