Paper money.

Experts: Arizona economy could be hit hard if default is in our stars

ASU expert says U.S. default on debt is possible but unlikely.

In this story published May 26, 2023, on Cronkite News:

The odds of default are more than the odds of getting hit by an asteroid. It's likely that we'll have all this posturing and come to some agreement and we'll move on like we have countless other times.

Dennis Hoffman, director of the L. William Seidman Research Institute at the W. P. Carey School of Business and director of ASU's Office of the University Economist

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