The US$'s strength is multi-faceted, one of which is that the US attracts the world's brightest and most productive people to work here and create stuff. The Fed can print as much as $ as it wants without causing inflation. Dick Cheney was right, "Deficit does not matter".
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I can’t tell if this is insightful or a really dank troll or both. Nice !
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Isn’t that what’s happening, except the monies not going to infrastructure but to the elites?
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Printing more is easier and it makes everyone go home happy
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You’re not already doing that? Not infrastructure so much.
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This is like a financial equivalent of the "brain drain," which loots their human capital -- less objectionable than an overt strategy of debt default and perhaps as effective.
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Sounds like a variation of the strategy the Brits used in the 18th & 19th century
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Haha classic
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