Post
Topic
Board Economics
Re: Fed on brink of fifth(?) round of quantitative easing
by
o_e_l_e_o
on 31/03/2023, 10:15:22 UTC
why lend to the us government in the first place? why would anyone do that? that just causes inflation because the government has to print more money so they can repay them. so people like that are actually hurting the economy.
Because the entities lending us money do not care about our economy. They only care about making profit for themselves.

you don't have a choice. you HAVE to pay for it if you're a us citizen that pays taxes.
I didn't mean us as in individuals, but us as in our government.

what you don't want is the world to adopt some other currency besides the dollar to measure the price of oil in.
It's already happening. Big economies like India, China, Russia, are already in talks to ditch the dollar.