What to do when there's no money?
Military spending has always been a terrifying matter.
Adding to that, all of America's military industries are private companies. After a large amount of funds flows into military production, theoretically, it could revitalize the economy.
Because industries that complement it will start to appear, and these things will require people.
But the current problem is…the banks aren't trusted at all.
The US Dollar is nominally still tied to oil, but seeing this state, countries have declared they won't use the US Dollar for settlements anymore.
Mr. Xiu doesn't understand economics, and Xiong En doesn't either. He only knows that there's no money on the books.
As soon as a bank run started, some banks began submitting bankruptcy filings to New America.
The Federal Government over there, with the shameless Federal Reserve, is still printing US Dollars, after all, announcing interest rate hikes doesn't work anymore.