Comment by wafflemaker

>Federal Reserve having the ability to print money out of thin air at the cost of future generations.

As a non-American, it's hard not to notice that it's not future generations. It's everyone using dollars.

And since your country will be invaded if you try not using dollars to trade oil, and everyone needs oil (transport, food/fertilizers, medicine synthesis), then it's literally the whole world paying.

Which incentives USA to print money, because they only shoulder a small part of that burden.