I was just wondering how the US (or any country really) can pull out 100 billion on a given occasion ? Is the treasury just “printing” more money, or are taxes raised? (let’s say 200million Americans are active, that’s still $500 per person) . Or is it just debt passed on to future generations? It goes without saying that I am not fluent in finance
You could be right, it really depends on what you assume it’s buying. I was more referring to the direct economic stimulation paying itself off.
I mean, 60B isn’t an outrageous amount for just the grain. 5% of the world’s grain comes from Ukraine, and Russia already has a rich history of using their resource exports to extort Western governments.