Debt wouldn't be zeroed out if it was made on external markets, right? | Hacker News

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		arodyginc on Aug 17, 2021 \| parent \| context \| favorite \| on: Palantir bought $50M in gold bars in August as cas... Debt wouldn't be zeroed out if it was made on external markets, right?

Scoundreller on Aug 17, 2021 [–]

Then there would be no impact. If you’re a company producing stuff and Zimbabwean dinars are worth 1/10th as much, you would charge 10x as much.

If you’re a shell company with Zimbabwean dinar cash assets and external USD debt, you’re screwed but you’re also not a going concern.

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