The banks are the real wild west (crypto is okay compared to this) #crypto #usbank #bitcoin
Read summaryIn the video, it is mentioned that the government prints money and also borrows money by selling bonds. This may seem confusing, but it is a common practice. The government prints money to have currency in circulation, and it borrows money to finance various projects and expenses. By selling bonds, the government is able to raise funds from investors who are willing to lend money in exchange for a return in the form of interest. So, while the government does print money, borrowing is necessary to meet financial needs and obligations. It's all part of how the government manages its finances 💵📈.
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