3 ms·
It is basically like this: China sells stuff to USA, USA pays with paper it can produce in infinite amounts. USA benifits from this arrangement. There are som
by chvid 7y ago
It is basically like this: China sells stuff to USA, USA pays with paper it can produce in infinite amounts.
USA benifits from this arrangement.
There are some more details of course and that adds complexity. But fundamentally it is a simple story.