The White House on Friday asked Congress for nearly $106 billion to fund ambitious plans for Ukraine, Israel and U.S. border security, but offered no strategy for securing the money from a broken Congress.
Sort of. The US government has created the extraordinary privilege of dollar hegemony, which lets them issue money ad nauseum at the expense of the rest of the world. This privilege ends when the rest of the world stops underwriting this debt, as is slowly happening under the broad name of dedollarization.
Can’t forgive student debt can’t pay for healthcare yet we can have war, ffs
The government actually has infinite money
Not that I'm saying we should throw money into these wars, but rather that we should have no issue taking care of healthcare and student debt.
Sort of. The US government has created the extraordinary privilege of dollar hegemony, which lets them issue money ad nauseum at the expense of the rest of the world. This privilege ends when the rest of the world stops underwriting this debt, as is slowly happening under the broad name of dedollarization.