Wars are expensive and the U.S. federal government began monetizing its substantial budget deficits. Other countries noticed. France, led by economist Jacques Rueff, criticized this approach, arguing that the U.S. could essentially print its way out of debt and pay for the goods and services of other countries while the other countries had to produce goods to earn dollars. He dubbed it “deficits without tears.

YOU GOTTA LOVE A BULLY… THE USA HAS REALLY BENT THE WORLD OVER AND BANG BUSSED US ALL.. 3RD WORLD COUNTRIES GOT ABSOLUTELY DESTROYED.

#BITCOIN