Guy on Nostr: I don't know how they measure it exactly but in the simplest conception, if the US ...
I don't know how they measure it exactly but in the simplest conception, if the US provides 500 dollars worth of goods and services while getting 1000 dollars of goods and services from other countries, then there are 500 dollars that may come back. So whether the Saudis use them or the Chinese use them, the money might come back to the US. Or it could be held and used abroad. There may or may not be a problem. It seems that the 500 dollars will eventually come back to the US. If the US has exported its inflation to an extreme degree, it means eventually non-US people will eventually come to own the US, right? Maybe that means better stewards take over those resources, the US deserved it. Or maybe the dollars never come home. Or maybe the proportion is such that it's never a problem. But I think there is a potential problem if people do not actually want people from Saudi Arabia and China to be their new bosses.
Published at
2025-03-05 22:23:11Event JSON
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