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High inflation will fix this: it balloons the USD denominated GDP, so very soon this will be less than 100%. At the same time, the US will export inflation to o
by coliveira 1mo ago
High inflation will fix this: it balloons the USD denominated GDP, so very soon this will be less than 100%. At the same time, the US will export inflation to other countries, since products are denominated in inflated dollars, and pressure them to live with high inflation as well, ultimately forcing the value of other currencies down with respect to the dollar.
- xnx 1mo agoInflation is the new taxation.
- deleted 1mo ago[deleted]
- GlibMonkeyDeath 1mo agoIt's the ultimate flat tax!