I believe. Political theorem and lemma:
(1) Both China and USA has fake democracy. It is manipulated.
(2) The USA is in a state of "capitalistic dictatorship". The richest people are also pretend to give money to the poorest (meaning people who don't work and just collect tax benefits). The only benefit is to "win election" without getting into the Chinese Xi problem.
(3) Xi wants to be emperor but can not be. Sad for him. Eventually China will become "US style democracy" because it is just one fake democracy (rubber stamp akwardly) to a higher level of fake democracy (rubber stamping with a theater).
Capilistic system must use "election"+"fake democracy" to maintain legitimacy. But capitalistic system is the only reason the life expectancy of people are so high today. So we must join the capitalists and try to become one of them.
【美国根本没印钱,而是印了债务contract,比如私人按揭和美国国债。】
记得2008年金融海啸时,美联储搞了几次 Quantitative Easing (QE)。当时的美联储主席 Ben Bernanke 介绍它是怎么运作的:不是印好多钞票,而是他在计算机键盘上按了几个键,钱就变出来了。然后他用这些变出来的钱买巨量美国国债。
下面是英文解释:
Digital Money Creation
The Fed did not physically print money; instead, it created central bank reserves with a few keystrokes.
Reserves are a digital form of money.
The Fed executed Quantitative Easing (QE) by electronically creating new central bank reserves and using them to purchase massive quantities of U.S. Treasury securities.
Top U.S. Officials
Donald Trump: President of the United States.
Marco Rubio: Secretary of State.
Scott Bessent: Treasury Secretary.
Pete Hegseth: Defense Secretary.
Stephen Miller: White House Deputy Chief of Staff.
David Perdue: U.S. Ambassador to China.
Jamieson Greer: U.S. Trade Representative.
Steven Cheung: White House Communications Director.
Monica Crowley: Chief of Protocol.
Eric Trump & Lara Trump: The president’s son and daughter-in-law
Industry Leaders and CEOs
Elon Musk: CEO of Tesla and SpaceX.
Tim Cook: CEO of Apple.
Jensen Huang: CEO of Nvidia.
Larry Fink: Chairman and CEO of BlackRock.
Kelly Ortberg: President and CEO of Boeing.
Larry Culp: Chairman and CEO of GE Aerospace.
Jane Fraser: CEO of Citigroup.
Cristiano Amon: CEO of Qualcomm.
David Solomon: CEO of Goldman Sachs.
Stephen Schwarzman: CEO of Blackstone.
Michael Miebach: CEO of Mastercard