4 ms·
> If none of that stuff makes the U.S. richer who cares? Your bondholders certainly care, and you've been living beyond your means for quite some time. I wish
by disgruntledphd2 9mo ago
> If none of that stuff makes the U.S. richer who cares?
Your bondholders certainly care, and you've been living beyond your means for quite some time.
I wish you the very best of luck with either massive expenditure cuts causing civil unrest, or hyper-inflation.
Honestly, I can't even believe that someone (who generally expresses reasoned viewpoints) would question the value of being the world's reserve currency. There's definitely downsides but it's allowed a lot more flexibility for the US since the 70s.