/lit/ - Literature

>>21065421
If you havent noticed, USD is worlds reserve currency. USA has this kind of economic superpower that they can print cash everyone else is paying with so their inflation is shared with the rest of the world. Problem here is that the fruits of the printing spree were hoarded mainly by speculative capital (with cryptobubble being its most internet-famous manifestation) and the toll for printing will be paid mainly by the working class; key here is that the fruits WERE harvested and the toll WILL be paid. Makes no sense to pretend that the damage is over, we are just in the first phase.

But to be honest, it makes little sense to talk about capitalism ATM, because our current situation is deeply geopolitical, hence we can say that capitalism is America and fate of capitalism rests on American ability to maintain their reins over Germany and Taiwan. If they hold Germany in their sphere of influence, they can cannibalize German industry and save American economy.