I'm not an economist but I believe this is only the case so long as USD is the g... | Hacker News

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		rcarr 4 months ago \| parent \| context \| favorite \| on: Trump temporarily drops tariffs to 10% for most co... I'm not an economist but I believe this is only the case so long as USD is the global reserve currency. If that ceases to be the case, the Fed has a lot less power to print money and inflate debt away. I believe this is the case Ray Dalio has been making for some time now: https://www.youtube.com/watch?v=xguam0TKMw8

refurb 4 months ago [–]

Every country has the ability to print money and buy its own debt. Japan has printed billions and bought equities.

Being a global reserve currency only increases the extent of that printing, not the ability itself.

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