When any other country tries to print, there's huge inflation, devalued currency, bad ratings from rating companies (mostly US go figure why?), interest rates increases. But why don't these happen to the USA ?
Update (based on that non-answer from @1muflon1) :
First of all, I wrote the AAAAAAAA++++ in the title on purpose to make the title more flashy. I know AAA is top grade.
Second, printing money is a cause of inflation and if "printing money" does not affect nations ability to meet its debt obligations per se I would like some details there because of course, you can reimburse any debt if you print money, duh.
Sources:
- https://www.economicshelp.org/macroeconomics/inflation/causes-inflation/
- https://www.bloomberg.com/news/articles/2020-03-23/fed-signals-unlimited-qe-adds-aid-for-companies-municipalities
- [Sri Lanka printing money as-well, let's down the grade] https://economynext.com/sri-lanka-prints-more-money-as-rating-downgraded-to-just-above-ccc-68138/
- https://decrypt.co/26772/bank-of-japan-prepares-for-unlimited-quantitative-easing (what do you think about the upcoming revised grading?)
- https://www.cbsnews.com/news/coronavirus-stimulus-package-pay-united-states/
My question is still valid, and NOT opinion based. Can someone explain how a country can print that much money - without any consequences ? I'm not asking for opinions but asking for economical insight on how this actually works.
