What affects the world’s largest economy will also affect the world’s economy. The only way government can pay for all its excesses is to inlfate the dollar, because raising taxes to do so would result in most politicians being thrown out of office. Soon the dollar will no longer be the world’s reserve currency. How soon after that will we be bankrupt?
What affects the world’s largest economy will also affect the world’s economy. The only way government can pay for all its excesses is to inlfate the dollar, because raising taxes to do so would result in most politicians being thrown out of office. Soon the dollar will no longer be the world’s reserve currency. How soon after that will we be bankrupt?