Generational Dynamics Forum - New Site

Do you truly believe that the US productivity will decline greatly? We are still one of the most industrious and imaginative nation in the world. While our wages are still high, the global wage arbitrage will continue to make sure that the US will maintained a strong foothold in the world economy ...

We pay interests with us dollars which we conjured up in the treasury and fed. In this sense, countries hold us bonds because they believe in the stability of the us political system and the productive capacity of the US economy. We don't pay interest or any other payments using gold, etc...Now the ...

On bond issuance by US Treasury:

Anyone selling to the US and getting paid in US dollars either can hold dollars in US dollar denominated accounts or us bonds/bills/notes. Imagine that you want to sell something to the US market. You already know that the dollars you receive will probably lose some ...