/biz/ - Business & Finance

>>58121001
because the USD is the world's reserve currency.
America can just export it's inflation while the world sends America free goods and services.

Sooner or later this parasitical relationship will end and americans will all starve to death.

>>58121056
>the worlds breadbasket that is energy independent will starve to death due to a Monopoly money failing
t. retard

>>58121082
>world's breadbasket
kek, sure Monsanto

have you taken the knee today too?

>>58121089
>t. geographically illiterate nigger

>>58121089
The United States has more of the best arable land than any other single nation.

>>58121056
>because the USD is the world's reserve currency
This, and also the fact that the US government finances a lot of its deficit spending by borrowing actual money from people (both Americans and foreigners), as opposed to borrowing from the Federal Reserve, which just creates the money out of thin air and fuels inflation.

>>58121114
None of that arable land is of any use when the currency that keeps it growing self destructs. I can bet you most of the crops will rot. Learn economics, retard.

>>58121001
and almost all of it goes to ((DEFENSE))

>>58121001
Hyperinflation is caused purely by money velocity. As long as everyone remains good wagies and don't panic it can't hyperinflate.

>>58121160
>2 more weeks and the USD will collapse
Ok Achmed

>>58121056
/thread

>>58121179
Nope. Defense is 1/6.

>>58121179
You know you can just Google shit right? You don't have to purport shit based on what you guess

the actual reason is that every other sovereign currency prints more than the USD.

They do this so they can buy counterfeit USD with their counterfeit local monopoly money. As long as this keeps happening, we're good. If it stops happening we're not good.

It keeps happening because we offer a lot of support, particularly naval security for shipping lanes.

>>58121001
There is basically infinite prosperity and the only thing holding back utopia is greed.

So they can afford to be incredibly inefficient and make stupid decisions while printing trillions of dollars and everything still sort works

>>58122477
this, the pandemic was extremely convenient for this during the last major expansion of the money supply

>>58122614
>The bill also increases Department of Defense funding, providing $824.3 billion, an increase of $26.8 billion above fiscal year 2023.

>The package also provides almost $90 billion in discretionary funding to the Department of Homeland Security, bolstering funding for additional resources.
Freedooooom

>>58121001

Most USD is debt based, which means there is demand for USD. If any corporation around the world borrows $100 million in USD, that means there is demand for $100 million USD to pay that loan off. The only way a country (not a corporation) can get USD is by selling their current holdings of US Treasuries, selling other assets for USD (like real estate, food, or gold), or by selling their currencies in the FOREX.

>>58121082

America is a huge exporter of basedbeans and corn. And yes, we are energy independent. But, you underestimate how "independent" we really are. Most of our consumer goods come from China, most of our pharmaceuticals come from China, we rely on Taiwan for our semiconductors, we rely on Canada and Mexico for a lot of our metals and lumber.

There is no such thing as a totally self-sufficient nation in 2024. If America was totally cut off from the rest of the world, most of us would in-fact start rioting, unemployment would skyrocket, starvation would be widespread, medicine would be rare and yes, many of us would die.

>>58121001
The bond market and stock market act as value soaks that prevent that money from entering circulation among regular folks. In the case of bonds, they can be locked away for decades at a time with interest backing, which further incentives people, governments, and businesses from throwing that money on main street.
Ironically, taxing and redistributing this kind of wealth to the higher degree many argue for would probably be the thing to kick off the hyperinflationary spiral you might expect to see.

tl;dr- the money doesn't immediately enter the average Joe's pockets, so real demand for products doesn't spike the way you think it would. Worst case scenario is price spikes on the back of supply chain price increases since businesses and governments actually do see that money. More likely than consumer goods, you'd probably see that money sooner pushing up prices of assets like homes or vehicles than milk and eggs.

>>58121114
I just realized that the USA literally cannot fail, because money is denominated in USD, which is printed via debt. In order to dump USD, you need to pay back your debt first.
There would need to be worldwide defaults for this to happen, and in that case the USA would be the last one to hurt

>>58121082
>>58121114
only third world economys brag about their agriculture
its a tiny percentage of modern economys

>>58121179
And the rest to niggers