Most of the money your grocery gets is spent in your country. The analogy breaks down when you consider the world to be your supermarket.
“Most of the money your grocery gets is spent in your country. The analogy breaks down when you consider the world to be your supermarket.”
ALL of the dollars we paid China for the goods they sold us eventually have to be spent in this country (or countries where the dollars is an official currency).
And they are spending them, buying mostly US Treasuries, but also real estate, businesses, Stocks and bonds, etc.