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Cake day: January 29th, 2024

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  • CableMonster@lemmy.mltoMemes@lemmy.mlthe debt
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    21 days ago

    I guess there is no proof, but thats not really possible to prove. But what we can see is how much inflation the US has gotten just under the Fed, and then look at examples in the past like germany that used printing of the mark to pay of debts.




  • CableMonster@lemmy.mltoMemes@lemmy.mlthe debt
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    22 days ago

    I hear what you are saying, but that is changing, america is losing its strangle hold on the world. That became most evident with what we tried to do with Russia after their invasion and the cracks in our system are starting to become more obvious. Unless you think that the US will be the worlds reserve currency forever, there will be a time when it falls.