I didn't quit listening to @Tfmonkey because he made me scared
I quit listening cuz his economic theory is completely ignorant of the feds strategy and uneducated economist offers much better insight, does TFM know about bernakes "gold machine or yellens "opportunistic reinflation" of 2019 or treffens dilemma?
The whole world has issued dollar denominated debts to each other and they still need dollars to repay them. TFM has never considered that we have to get those dollars out to the world
@LysanderMooner That's just MMT. The idea that printing doesn't matter and that countries will need dollars because of debt assumes countries have no alternatives. They do, it's called BRICS, China specifically.
https://www.bloomberg.com/news/articles/2026-02-02/yuan-for-dollar-swap-helps-kenya-trim-debt-costs-by-167-million
It turns out money printing DOES matter.
@Tfmonkey oooohhk we'll see which member of BRICS is going to issue enough liquidity to refinance all the debts without inflating their own currency
Hurry up and wait...