Reserve currency status lets the US run multi-Trillion dollar annual deficits while being >$30 Trillion in debt.
And deficit spending funds real-world military growth.
Global seignorage provides a huge military advantage vs. enemies.
StackHodler on Nostr: USD hegemony is a matter of life and death. Reserve currency status lets the US run ...
USD hegemony is a matter of life and death.
Reserve currency status lets the US run multi-Trillion dollar annual deficits while being >$30 Trillion in debt.
And deficit spending funds real-world military growth.
Global seignorage provides a huge military advantage vs. enemies.
Reserve currency status lets the US run multi-Trillion dollar annual deficits while being >$30 Trillion in debt.
And deficit spending funds real-world military growth.
Global seignorage provides a huge military advantage vs. enemies.