Quote Originally Posted by Peter Laidlericon View Post
Said to be because when the money ran out and the gold had been exhausted, the US were allowing us unlimited credit in a form of pre lend lease but without the formalities of asking congress or........ whatever else you have to do. Bless 'em!
It was not so long ago the War debt was paid off, can't remember if it was before or after the interest rate hit rock bottom and the banks ran out of money......