Every nation holds U.S. Treasury bonds because they're a safe return, which means countries are trapped funding America while the Federal Reserve's interest rate decisions shape their entire economies without their say.
Everybody's kind of like enslaved to United States economics. I don't know if you guys know this, but besides like the Federal Reserve and the government, like countries are the biggest purchasers of US debt. They purchase US debt because the United States gives you an IOU for a guaranteed return. They say, okay, if you give me $1 billion, I'm going to guarantee through a treasury that you get 5%. It's not exactly 5%. It changes, but I'm going to guarantee it. You're going to get your original, you know, purchase back plus 5% guaranteed, no ifs, ands, or buts. And so these countries are just like, we're going to devalue our money and we're going to put it in the United States. So it's kind of like other countries are lagging in comparison to what the United States does when it comes to economics. Why? Because again, I want to say it very clearly, the world reserve currency is USD and the Federal Reserve controls the interest rates. Interest rates are the printing or the not printing, and everybody is subjected to USD from different perspectives, and the Federal Reserve controls that.
