The government creates the money and makes 97% profit on each electronic dollar it creates, which is called seigniorage . All legal US paper money is woven from cotton and flax in Dalton, Massachusetts at a company called Crane Paper , which is next to Berkshire Hathaway, (Berkshire Cotton Mill) which was next to Arnold Print Works, (Print Works Drive) which printed designs on cloth. Apple Inc. is considered the most successful corporation because it has a market capitalization of $3.7 trillion . Market capitalization is the value of a corporation's outstanding stock shares. The US Treasury has sold $28 trillion worth of securities in June, 2025 , making its market capitalization as the most successful producer of money 7 times larger than the most successful corporation in the world. The US dollar is strong compared to other currencies such as Canada's dollar and Australia's dollar . Canada and Australia have healthy credit ratings from the 3 major credit rating agen...
Comments
Post a Comment