How come US can borrow as much money as they want

9 posts · originally from https://geek.digit.in/community/threads/how-come-us-can-borrow-as-much-money-as-they-want.179476/

They are 16 trillion in debt but still they can borrow as much they want. They keep on increasing their debt ceiling.
Which countries give them money. I know china do. But who else does?
Other countries when they have even 100b in debt their whole economy collapse.
And why doesnt value of dollar doesnt decrease.

^^ AFAIK, they can borrow from themselves. So no issue of debt ceiling etc. But for us, we either have to go to World Bank or BRICS bank.

Correct me if i am wrong.

Sarath said:

I did not understand one word he said.

isn't more borrowing equals to more inflation?

The US govt prints Security Bonds, The Federal Bank creates virtual money and lends to the US Govt in lieu of the Security Bond and voila ... more money

Security bonds needs to be bough by some1. They cannot just create virtual money bec that will result in the dollar being devalued.
Which will make US very poor country.

Apparently US can do anything and everything to stay rich.

sandeep410 said:
They are 16 trillion in debt but still they can borrow as much they want. They keep on increasing their debt ceiling.
Which countries give them money. I know china do. But who else does?
Other countries when they have even 100b in debt their whole economy collapse.
And why doesnt value of dollar doesnt decrease.

They have the right to tap your cellphone,so