Earlier quoted context omitted.
And that's when we pay off the national debt for pennies on the worthless dollar. The pro move would be to stop lending the US money, but that's not going to happen.
The US doesn't require that you lend it money, it possesses the global reserve currency. It'll take it from you via currency debasement. That's a world problem whether the world likes it or not. There is still no viable (realistic) alternative, and that includes the Euro, Yen, Yuan, gold, Bitcoin. There are no lenders outside or inside of the US for $20 trillion in new debt over the next decade. Monetization is the o…
The US possesses the global reserve currency because everyone lends it money. If they didn't, it wouldn't. The USD is the global reserve currency because it's the one with all the lending!