[TiGuy22]

Washington and the country has figured out that we can print to heart’s desire without fear of inflation, because there’s no other currency to challenge ours. Printing only creates a debt to the treasury, which is “us”, so no pressure to repay.

[Oatka]

Washington and the country has figured out that we can print to heart’s desire without fear of inflation, because there’s no other currency to challenge ours. Printing only creates a debt to the treasury, which is “us”, so no pressure to repay.

A straw in the wind?
China Creates Its Own Digital Currency, a First for Major Economy