About $23T USD currently exists, ~90% of that exists only on ledgers.
The US National Debt is just shy of $40T USD
“Printing” money is an asinine suggestion, considering that trying to repay the National debt would require the US to at least double the amount of currency held digitally, if not triple it.
The entire world’s monetary system is balanced on a needle point.
About $23T USD currently exists, ~90% of that exists only on ledgers.
The US National Debt is just shy of $40T USD
“Printing” money is an asinine suggestion, considering that trying to repay the National debt would require the US to at least double the amount of currency held digitally, if not triple it.
The entire world’s monetary system is balanced on a needle point.
not the entire world’s, just the Western financial system