3 ms·
> The US can always print more money to fund its institutions, but other countries have to save theirs. That only works if there are takers for US bonds otherw
by jacquesm 10mo ago
> The US can always print more money to fund its institutions, but other countries have to save theirs.
That only works if there are takers for US bonds otherwise all this will do is devalue the USD.
- direwolf20 10mo agoThat's the US's exorbitant privilege which no other country has.