Rob on Nostr: Isn't this some weird ouroboros - the debt the US owes to external parties, was it ...
Isn't this some weird ouroboros - the debt the US owes to external parties, was it not originally credit printed by those parties? The US paying everyone back returns printed money back to its' creators. So the US printing dollars to pay off foreign debts _exports_ inflation. Depends what those foreign nations then do with it. Or am I way off here?
Published at
2023-08-15 16:02:14Event JSON
{
"id": "3ad92fee43bbc4f0a875bc29af389a853d6c1078691f8658f1f9b721ebf9efd3",
"pubkey": "763971ba21b318790c38f533ea5f387adad52089c954b5a2f6bfcdf4c681e853",
"created_at": 1692115334,
"kind": 1,
"tags": [
[
"e",
"019971295152ddcc94946b7d77340b986db901400dcb38492f2331de2fb12336",
"",
"reply"
],
[
"p",
"f728d9e6e7048358e70930f5ca64b097770d989ccd86854fe618eda9c8a38106"
]
],
"content": "Isn't this some weird ouroboros - the debt the US owes to external parties, was it not originally credit printed by those parties? The US paying everyone back returns printed money back to its' creators. So the US printing dollars to pay off foreign debts _exports_ inflation. Depends what those foreign nations then do with it. Or am I way off here? ",
"sig": "1387201647ecfee5d82120aaf206ea3a73b952383f3d3c2b8a345d5bc7ecd0b07fd5c2b33b21fff334b70a929b1e16dd4c16d1bfc2216148bfd19dfeb403de52"
}
