If the United States can print its own dollars, why does it have a debt of $39 trillion?
Correct answers only: I’ll give 10,000 sats to the best answer within the next 24 hours.
Because the us government spends far more than it collects in taxes, finances the gap by issuing treasury debt, and “printing money” to erase that debt would destroy confidence in the dollar through inflation and currency debasement and ultimately threaten the global reserve currency status that gives the us its power in the first place 🤷♂️ i tried my best PV 🫂
1❤️1
