The United States is the world’s largest too-big-to-fail borrower, since the borrower is so large, none of the lenders or investor can afford the United States to fail. — Bloomberg
“MONEY is power, freedom, a cushion, the root of all evil, the sum of blessings,” so said the American poet Carl Sandburg.
Since the pseudonymous Satoshi Nakamoto created bitcoin cybercurrency in 2009, techies today can create money, eroding the legal power of central banks to create fiat money.
