Because you print dollars. The US dollar is a debt instrument that you (Americans) sell to the world. We give you our money as a loan and you give us dollars at a predetermined rate back to us.
You ...
Other countries still hold a ton of bonds.
But I agree that with the reckless behavior of the US government both fiscally and monetarily there will be a crisis at some point. And maybe not far off.
But I agree that with the reckless behavior of the US government both fiscally and monetarily there will be a crisis at some point. And maybe not far off.