The leak of war planning texts this week shows the vice president is consistent in both public and private about his feelings on the European alliance.
The world outside the USA needed us dollars for petroleum and international trade. One of the major us enterprises has been to supply these funds in exchange for goods and services.
This means the world is selling more to the USA than equal exchange. They take those dollars away and buy oil and other international trade, or they hold the money. The us is being paid to create the currency that is used.
Frankly, the growing national debt is not as big a problem as the alternatives.
The USA national debt is a good proxy measure.
The world outside the USA needed us dollars for petroleum and international trade. One of the major us enterprises has been to supply these funds in exchange for goods and services.
It is currently running at $1T every 100 days.
https://www.cnbc.com/2024/03/01/the-us-national-debt-is-rising-by-1-trillion-about-every-100-days.html
This means the world is selling more to the USA than equal exchange. They take those dollars away and buy oil and other international trade, or they hold the money. The us is being paid to create the currency that is used.
Frankly, the growing national debt is not as big a problem as the alternatives.