The huge trade deficit of the United States year after year does not affect its status as a powerful country. Why?

1. Dollar is so powerful in the world that it is used in almost everything in world trade. So far, no currency can shake it. . Therefore, for the convenience of trade, other countries keep all these surpluses in the United States-buying government bonds or investing in stocks. The funds did not flee in a big way.

2. The US dollar is printed by the United States, and it can write off part of its debts by printing banknotes. That is to say, only the United States can leave its deficit in the United States and buy American bonds, and it can write off part of its deficit by printing banknotes. . .

However, one thing is certain, it is impossible to default on accounts by such dirty means for a long time. Because money is the credit of a country, it will lose the credit of the country and the credit of money for a long time. Once the monetary credit is lost, it will completely shake the status of the United States. At present, countries all over the world have to maintain their dollar status just because they have too many dollars at hand. Just like a joke in the American banking industry: when you owe the bank 10 million, the bank chases you to pay your debts every day; When you owe the bank a billion dollars, the bank will send bodyguards to protect you. Therefore, after the financial crisis, countries did not sell dollars, but helped each other. .

China has a saying: It's not that you don't report it, it's not the right time. .