Print 28 trillion in one breath and pay off all debts. But this will have a great impact on the credit of the dollar.

The reason why the dollar has been firmly occupying the leading position of the world currency is its good credit.

Besides, the $28 trillion debt is nothing to the United States.

The Fed's credit to the dollar has always been very important.

If I say that the credit of the US dollar is good, it is estimated that many people will laugh at me. However, judging from the speed of currency depreciation, the credit of the US dollar has been very good.

Since the founding of the United States, the dollar has been issued for more than 200 years. However, the rate of dollar depreciation is only 30 times.

In China, from the reform and opening up to now, the depreciation of RMB has exceeded 100 times in the past 40 years.

Compared with the Russian ruble, it is even more pitiful. The devaluation of the ruble exceeded 65438+ million times.

Let's look at the denomination of money.

There is still purchasing power for a penny. Among the currencies in the world, "fen" can still have purchasing power, and few countries can find it.

Let's compare RMB, not to mention "cents". Even a dollar bill is not in circulation in many places.

Why can the US dollar remain the dominant currency in the world? It has something to do with its credit.

If you print $28 trillion at once, the value of the dollar will be washed away at once.

This is a great impact on the credit of the dollar, and may even shake the foundation of the dollar. It will only make the euro, RMB and other currencies share the market and get cheap in vain.

Therefore, as long as the people of the Federal Reserve are not crazy, it is absolutely impossible for them to print money to pay their debts.

It is in the interest of the United States to secretly print a little more money every year and slowly cut the leeks all over the world.

The $28 trillion debt is nothing to the United States.

Not to mention that the United States now owes foreign debts of $28 trillion, that is, it owes $ 100 trillion, and the United States is not at all flustered.

The United States pays its debts every year, but the way it pays its debts is amazing.

It is to issue new government bonds every year and then borrow money from other countries. Then use the borrowed money to pay off the debts due.

When many people see this, will they feel that this debt repayment model is a bit familiar?

Yes, this is essentially the practice of "robbing Peter to pay Paul" by credit cards.

However, sooner or later, credit cards will rob Peter to pay Paul. Moreover, the United States borrows money to pay off debts, so there is no need to worry about thunderstorms.

Why?

Because the US dollar is the dominant currency in the world, more than half of international trade is settled in US dollars.

Most countries in the world will reserve US dollar foreign exchange and buy US Treasury bonds. Like our country, our foreign exchange reserves are 3 trillion US dollars, and we hold 1 trillion US dollars of US debt.

As long as the dollar remains the dominant currency in the world, and as long as countries continue to accept American debt, then the United States does not have to worry about debt at all.

Don't say that it owes $30 trillion now, that is, it owes 100 trillion, and don't worry at all.

Our country is strong, but America has not declined.

I often read a lot of news on the internet, saying "the loss of dollar credit" and "the United States is not as strong as before"

I doubt very much that this is the whole news of the American version of the "strategic fraud bureau" The purpose is to cheat, let's relax our vigilance.

The real situation, whether economic, technological or military, is still far behind the United States.

Let's talk about the arrangement of the US military. His goal is to single out the whole world. Those eleven carrier battle groups can single out navies from all over the world.

There are more than 100 overseas military bases, and there are still hundreds of thousands stationed around the world. At present, no country can compete with this powerful deterrent.

You can't pin all your hopes on the decline of the enemy, it's just self-deception.

Only when you continue to be strong, you are truly strong.