When a country can print as much currency as they want, its easy to spend $trillions on arming yourself. This will only end badly.
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When a country can print as much currency as they want, its easy to spend $trillions on arming yourself. This will only end badly.
Yep, just run the printers and exchange the paper for tanks and guns and soldiers and aircrafts and anything else you "need"! Check out Quinn's article on the Truth About Money: https://steemit.com/money/@quinneaker/the-truth-about-money-what-you-need-to-know-to-free-your-self-from-perpetual-debt
Although, "bad" and "good" are relative...if the US loses its military or financial might, there are plenty of people in the world who would view that as "good"...