They get the money by printing it. It’s all on paper. And then we go deeper into national debt which rests on the backs of taxpayers. (ie…there is no “gold” reserve) Maybe they consider our national parks as their reserve?
aaah, I see. And this is where inflation comes in.
But weren’t they worried about inflation before this current melt-down, and that’s why they were holding interest rates steady?
Won’t this require that they raise interest rates rather than lower them? If so, could they also lower them to create some kind of stability? I’m confused.
