[mamonster]

> US has a price insensitive buyer of debt.

>This is ultimately good for the world, good for democracy, and good for the downtrodden and underprivileged members of corrupt countries such as Nigeria, Venezuela, Lebanon, and Turkey.

Wow, US has found a gold mine: The super full wallets of Venezuelans, Nigerians and Lebanese! They will buy a trillion of USDT to prop up US debt!

[delabay]

Unironically yes, and their communities will prosper as a result. I see no problem here.

[mamonster]

>I see no problem here.

You mentioned 4 countries that are dirt poor and need to buy food, not stablecoins. The people in those countries who have money don't need stablecoins to invest in the US.

[delabay]

Money can be used to buy goods AND services! Stablecoins are money! Wow!

[actionfromafar]

Yes, Trump now says he got 22 trillion dollars from foreigners! It's increasing all the time.