>>it prints money
And this is exactly what led to inflation and higher rates when printed money was distributed in the form of benefits during covid
>>so it has no need to borrow
At all?) How convenient, perhaps you even patented a perpetual motion machine?
>>The US dollar is currently rising compared to every other major currency. That tells me that people are betting that the US will be able to provide them in the future with something more valuable than any other country can provide, and that the US does not really have any problems with getting people to accept the dollars that it prints.
Of course, when Europe is in crisis, dollar is rising.. Because capital is fleeing from the collapsed euro
>>If anything, the US would like to see happy and contented consumers in every country, who can afford to buy US products.
It would be great, but instead, the United States has a trade deficit and, as a result, growing external debt.
>>Incidentally, Kurt, have you mobilized yet?
Nope. Now they are mobilizing those who have experience in combat operations or have concluded a special contract with the Ministry of Defense. This is called a reserve, according to official information, there are two million people in it – 10 times more than number of contractors currently used in Ukraine. In addition to the reserve, there is also a standby (IDK how to translate this correctly, but you get the point) – all other physically and mentally healthy men, about thirty million people. These thirty millions are divided into three stages, I am in the second and it is unlikely that my participation will be required. And, in general, I expect that now that Russia has a multiple advantage on the side, Kyiv will finally agree to start negotiations.