Money is a tool of resource allocation, and it is a kind of certificate of resource possession.

The US debt is 28 trillion, can it be sold again? Can dollars be printed?

The total federal debt of the United States is close to $28.74 trillion. Yellen is still urging Congress to raise the national debt ceiling. If nothing unexpected happens, Congress will release it. The $2 trillion infrastructure can't rely on the tax of the rich, and most of it still relies on selling government bonds to raise funds.

Many people think that the debt of the United States is $28 trillion, which represents the printing of $28 trillion by the US government. Actually, it's not. Indian dollars must issue government bonds, but not all of them are printed in dollars.

The total balance sheet of the Federal Reserve is $8.36 trillion, the reserves are $4.5 trillion, the cash in circulation is $2.2 trillion, and the rest are the figures in the deposit accounts of various institutions. The printing press has actually printed less than 7 trillion yuan.

Printing money in a broad sense refers to M2, which includes all kinds of deposits, mostly the figures on the accounts. M2 in the United States is about 19 trillion dollars, which is the deposit of American institutions and residents.

The Federal Reserve bought 5 trillion treasury bonds, the Ministry of Finance deposited 5 trillion in the Federal Reserve's account, and the Ministry of Finance slowly spent it. In July 1, 20265438, the deposit of the Ministry of Finance was still $850 billion, and on September 9, there was still $200 billion left, which would cost more than 300 billion a month. If there is no tax, there will be no money next month. If there is no money, we must sell government bonds and Congress must approve them. If the closure is not approved, everyone will have no money to spend and members will have no salary to spend.

The 28 trillion national debt has indeed been spent by the US Treasury, which is the sum of the deficit figures since the founding of the United States.

Theoretically speaking, there is no upper limit on the debt of the United States. As long as the Ministry of Finance can sell the debt, the Federal Reserve cannot sell it, as long as the tax can pay interest. If we set negative interest rates and zero interest rates, such as Japan, then the finance will sell bonds every day without relying on taxes to make up for the deficit.

Therefore, there will be no risk before the US debt reaches 40 trillion. At that time, the Fed's interest rate hike will be restricted. Historically, the Fed has raised interest rates above 2.5, and it will be good to raise it to 2 in the future. It will be difficult for the Ministry of Finance to pay interest.

The dollar can only continue to depreciate.

Can you print dollars next? Of course!

If the United States has no money, it will levy a seigniorage to make up for other taxes. If the tax bureau can't tax the rich, then use dollars to levy seigniorage on people all over the world, because dollars circulate all over the world. Money is given to the lower class in the United States to subsidize inflation caused by excessive money.

Next, inflation is hard to come down, and it seems to last until next year.

Americans continue to take the earned and subsidized dollars and buy them everywhere in buy buy! World goods and resources continue to flow to the United States!

Euro, yen, and so on.

A country's currency determines the status of world trade. No matter how good the technology is, no matter how good the goods produced are, our own people can't afford them, so we can only export them to exchange dollars for resources. Where is the pricing power of resources?

Due to the trade deficit in Qing Dynasty, a large number of silver outflows and financial difficulties, silver as a financial currency is a limited resource, and silver deposits should be sought to make up for the financial deficit. The silver mine is in South America. Since European robbers occupied American silver mines, Spain, Portugal, the Netherlands and Britain have become rich one after another.

The United States also has a perennial trade deficit and a large outflow of dollars. The US dollar is a credit currency and a infinite resources, which can be regenerated indefinitely. If the United States is in financial difficulties, it will print dollars to make up for the fiscal deficit.

The outflow of a large number of dollars consolidated the hegemony of the dollar. Residents of many countries recognize the US dollar, and the currencies of most countries cannot be used outside national borders. Dollars circulate freely around the world. In fact, the dollar has the right to issue the world currency, and the dollar is the world currency.

It is suggested that international trade should replace the dollar with the world dollar that does not belong to any country. Can we reach an agreement? Who will guarantee the global circulation of this currency? What's more, the US military stands behind the US dollar. If the United States doesn't agree, and the European Union doesn't agree, that's bullshit!

Money is a tool for resource allocation and a proof of possession. He can buy land ownership, property certificates and all tradable resources, including manpower and slaves.

The right to issue currency is one of the highest sovereign rights, which represents national sovereignty and power. Currency use is a compulsory act, and dollar hegemony is also an act of power.

With the right to issue global currency, we can occupy the resources and manpower of other countries and lead a group of servant countries.

Today, I heard someone say that the dollar will collapse in two years. To tell the truth, I don't want to say anything every time I hear it, just listen as a joke. The dollar really fell, even better. The evil enemy is finished, and the world is ours. But will the dollar run out so soon? Many people believe it, but I don't.

The dollar crisis never came. In addition, the dollar also includes changing money and re-pegging gold. None of these operations have been done, and there is no major crisis. Why imagine it will collapse in two years?

Now since the media platform is entertaining, no one takes it seriously and no one cares. Anyway, most people are talking nonsense for traffic, and everyone is having a good time.

American debt is indeed the source of dollars, and all currencies are. Without credit, there would be no capitalism. Many foreign debts owed by the United States, without foreign investors to buy American debts, the American financial system will buy all of them by itself, and it may not happen if it cannot be sold. What can a country that has earned dollars buy without buying American debt with dollars?

Of the $28 trillion in debt, only a small part is actually bought into paper money by the Federal Reserve, and most of it is circulating liquidity.

The Federal Reserve bought more than 4 trillion US bonds, only printed more than 2 trillion paper money to pay cash, and10.6 trillion is the figure on the account of the Ministry of Finance. After the 2 trillion cash dollar bills are amplified by the financial system, they can enlarge their deposits by at least 7 times. In addition,/kloc-0.5 trillion national debt is bought by American savings accounts. Many of these buyers are banks and investment institutions, which is equivalent to recycling liquidity. Another 8 trillion yuan was bought by international investors, only China and Japan bought more than 2 trillion yuan, and Middle Eastern princes bought a lot. The big family that really supports the dollar is North America and these countries. Others in Europe play the euro, while the Angles still play the pound, accounting for 60% of the international reserves of the dollar. These countries have made great contributions.

If the US economy still needs money to promote capital accumulation and growth, then the Federal Reserve will print another 2 trillion yuan in cash, so the US national debt will exceed 50 trillion yuan. In fact, only a quarter of the US debt will be converted into paper money. But if GDP depends on capital growth, there will be no inflation and no scientific and technological revolution. GDP needs technology and the expansion of the consumer market. The people have no money in their hands and only rely on capitalists. Only excess and speculation prevail.

If only one or two countries go dollarization, the dollar will be weakened and the lost share will be taken away by the euro, but how can the dollar collapse? When the pound is given to the dollar, isn't the pound alive? Russia went to the dollar and embraced the euro, because Russia wanted to sell natural gas to Europe, that is, the North-West Line. Of course, Russians accept euros and we accept dollars, because our deficit mainly comes from the United States, and we earn dollars. Don't we only accept gold and not dollars?

Don't forget that when the pound fell, it was also linked to gold for the second time, and the dollar will be linked to gold for the second time. This day is not far away!

American credit will always run out!