America is on welfare provided by the rest of the world. This is through it having the reserve currency allowing it to print money out of thin air to pay for imports. All other countries must sell things to acquire the reserve currency and then uses the reserve currency to buy needed imports.
America is on welfare provided by the rest of the world. This is through it having the reserve currency allowing it to print money out of thin air to pay for imports. All other countries must sell things to acquire the reserve currency and then uses the reserve currency to buy needed imports.
jimbobubbadj 6 months ago