garyj on Nostr: To be the reserve currency, the Americans get to write free checks, subsidised by the ...
To be the reserve currency, the Americans get to write free checks, subsidised by the american creditors. But, you end up with Triffins Dilemma, where the reserve currency country gets to choose between perpetual deficits or inflation. I dont think many Americans want sound money, life on the reserve fiat has been too easy. However , you are correct, fate will intervene and America and the entire west is going to collapse because of the wrecking ball called usury.
Published at
2024-12-29 05:08:13Event JSON
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