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comment by alpha0
alpha0  ·  4892 days ago  ·  link  ·    ·  parent  ·  post: China’s debt, explained.
This article is packing such a big story but all we ever get to hear is a "maybe" about "taking money out". But there is a deeper story in here: Chinese government does not "owe" anyone any money (or compounded interest) for the privilege of printing Yuans. "Maybe" we should try that? The bigger question is: why aren't we?

What's the point of being the lonesome superpower cum "empire", after all?

Seems to me the Emperor of the World is the guy who lends the lonesome superpower its "notes". Who is this person/group/entity precisely? And just what "backs" their money machine?