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U.S. dollar is reserve currency for a significant portion of the world. This means when U.S. can inject a lot higher fraction of the GPD into the economy for th
by TrainedMonkey 2y ago
U.S. dollar is reserve currency for a significant portion of the world. This means when U.S. can inject a lot higher fraction of the GPD into the economy for the same inflation cost. As a matter of fact U.S. wants some inflation to devalue high amount of debt they have - so there is an incentive to print USD.