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Not every country has the privilege of having the world's reserve currency. Money printing never ends well for poor countries.
by f00zz 5y ago
Not every country has the privilege of having the world's reserve currency. Money printing never ends well for poor countries.
- supernovae 5y agoIn a democracy, This isn't a privilege, its the will of the people. Why frame it as money printing? Does everything that can help people have to be pejorative?
- sgt101 5y agoI think that the OP is pointing out that some democracies are freer to act than others. The USA has absolute latitude, especially after demonstrating that countries that might threaten that latitude (ie. anyone who cut the oil off up to 10 years ago - now irrelevant) will be destroyed. India does not have all that much latitude.
- supernovae 5y agoIt's political, i get it... but its laughable they try and prove a point through downvotes... but such is hacker news, hide the reality they don't agree with :)