Instead of barter, everyone in the world buys and holds YOUR money so that they can trade with others. Everyone else's trade = trade deficit = free money (because you are basically selling your dollars, not a product) that you can spend on stuff.
You are too smart to actually not get this. You call it fake as if money isn't just made up 100% fake 'value units' we all agree to pretend (thus making it real) is real.
It's only one of the key levers of power of the USA. No biggie. You give people money represented by paper but mostly bits/bytes in exchange for other peoples materials and labor. Can you unpack what kind of stuff you're talking about? Are we talking about nascent industries? This stuff, who are you going to sell it to ?
Fake, no not at all. Look around your where live. Think about who, where, and how those things were made. Scam? From whose perspective? There is only one global reserve currency. For all intents and purposes, that is the crown and heavy is the head that wears it. Sure it feels like a scam for anyone outside of the 1% or the political class or the plutocracy.
The world followed the lead and it just wanted reciprocity (exclude the enemies of course).
What seems fake to you and who is getting scammed by who?
Instead of barter, everyone in the world buys and holds YOUR money so that they can trade with others. Everyone else's trade = trade deficit = free money (because you are basically selling your dollars, not a product) that you can spend on stuff.
You are too smart to actually not get this. You call it fake as if money isn't just made up 100% fake 'value units' we all agree to pretend (thus making it real) is real.
It's only one of the key levers of power of the USA. No biggie. You give people money represented by paper but mostly bits/bytes in exchange for other peoples materials and labor. Can you unpack what kind of stuff you're talking about? Are we talking about nascent industries? This stuff, who are you going to sell it to ?
Doesn’t that seem fake to you? To me it sounds like a scam that’s destined to collapse in spectacular fashion.
Fake, no not at all. Look around your where live. Think about who, where, and how those things were made. Scam? From whose perspective? There is only one global reserve currency. For all intents and purposes, that is the crown and heavy is the head that wears it. Sure it feels like a scam for anyone outside of the 1% or the political class or the plutocracy.
The world followed the lead and it just wanted reciprocity (exclude the enemies of course). What seems fake to you and who is getting scammed by who?
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Wait until you learn about how money works.