Yes you do have a gross misunderstanding of sovereign currencies and how they work. Here's an explanation of how things actually work, from an actual economist

Yes you do have a gross misunderstanding of sovereign currencies and how they work. Here's an explanation of how things actually work, from an actual economist: http://beta.latimes.com/opinion/op-ed/la-oe-kelton-pony-for-all-20170929-story.html http://beta.latimes.com/opinion/op-ed/la-oe-kelton-pony-for-...