diccea
@diccea
The 35 trillion U.S. debt has been completely released. Will this be another complete release in the financial and fiscal fields after the collapse of the Bretton Woods system that broke the gold standard and completely released the dollar? It's really hard to say. After the release of the dollar in the 1970s, the dollar depreciated sharply, which actually led to another prosperity in the United States. The book "The Deficit Myth" by Kelton, Biden's economic adviser, seems to have given the ideological basis for releasing government debt. As the author quoted Mark Twain at the beginning of the preface, "It is not ignorance that gets us into trouble, but seemingly correct fallacies." So, will the scale of the U.S. government's debt usher in an ideological revolution and be completely released? Let's wait and see.
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