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wbsss4412 | 3 years ago

> yet it's fighting inflation and has the largest national debt out of any country in the world ... is this simply a circumstance that the US is "less bad off" than the rest of the world?

Debt is usually benchmarked against GDP for a reason, by that metric the US doesn’t have the highest debt level, it also doesn’t have the highest level of inflation.

The USD is also the currency of basically all international trade and settlements, it’s value is determined by external factors to a significant degree, not only on the US economy itself.

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