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> huge part of why the dollar is THE global currency. That is highly questionable. The doller was half way to be the dominant currency before WW2. > The dol
by nickik 6y ago
> huge part of why the dollar is THE global currency.
That is highly questionable.
The doller was half way to be the dominant currency before WW2.
> The dollars for military budget and the dollars raised by a school fundraiser are not even the same currency.
They are actually.
> And we can print dollars, hell we just printed 5 trillion in a couple weeks.
That's true in a narrow sense. When monetary demand changes you increase supply, with that money however you can not simply finance arbitrary expenditure. If monetary demand decreases, the central bank will pull that money back out.