윗 제목을 무시하시고 Video내용을 끝까지 들어 보시기 바랍니다.

내용에 세계경제가 어떻게 돌아가며, 세계의 경제 패권이 얼마나 치열한지 보여줍니다.

군사적 패권보다 더 중요하다는 내용입니다.

This video is a really good lesson about international commercial, economic, and monetary wars,

explained in an easy-to-understandable manner by  KBS 기자 (?) 박종훈.

https://www.washingtonpost.com/business/2022/06/27/fed-rate-rises-interest-national-debt/

There’s been lots of talk about the negative impact that the Federal Reserve raising interest rates

is having on stocks, bonds, and mortgages.

But we haven’t heard much talk about the harmful impact that the Fed’s higher rates, designed to help tamp down inflation, are having on the federal government’s finances.

Think of it as 12 digits worth of collateral damage. That’s right, 12 digits worth.

Why aren’t people discussing this? Because there’s no single place that has a number showing how much the Fed rate increases will add to the federal government’s interest tab.

But with help from the Treasury and from Social Security’s actuaries, I’ve come up with a reasonable estimate of that added interest cost. By my math, the Fed’s higher rates will increase the federal government’s interest costs by about $128 billion a year.

Stephen S S Hyde

9 hours ago

Of course, this additional $128 billion won't be paid out in cash but with the issuance of yet more government bonds. In virtually any other country in the world--say Argentina--this repeated practice would lead to a weakening local currency, inflation, stagnation, and economic decay. But we continue to get away with it because the U.S. dollar remains the world reserve currency. God help us if we ever lost that. What could cause that? 

Americans have been showered by things that they do not need because it was so cheap 

to buy. Wasteful spending was possible because it was made in poor countries where 

labor is incredibly cheap. Common sense tells us that they are going to pay the price 

sooner or later. 
 

U.S. government gave people free money too long too much. It ran too many unnnecessary

shameful wars. It ended up spending much more than tax revenues and has to borrow

too much every year to make the end meet. 
 

The worst enemy of America is not in outside but in America. It is over spending and national debt.

박종훈의 (or by the general principle about rate and dollar) 논리에 의하면,

Raising the interest rate in the U.S. will strengthen the value of the U.S. Dollar

and, therefore, will help the dollar's dominance in the financial world.

Thus, the U.S, Dollar will continue to enjoy being the de facto standard currency of the world.

I assume that the value of our dollar for being the reigning currency of the world

will far exceed the amount of the 128 billion dollars we may save by not raising the rate.

The 128 billion dollars may be hardly anything to worry about.

 Just my guess... But I am sure the Fed knows about this equation. 

That's why they did it without saying the true reason.

Many years ago, Putin tried to convince Xi Jinping to dethrone the U.S, dollar

and make their money the world currency. Xi did not listen to Putin.

I guess Xi denied the idea because Putin's plan was not realistic.

Today, Xi loves to have his Yuan to be the world's reigning currency,

but the U.S. will never give up the dollar at any cost.

https://www.forbes.com/advisor/personal-finance/u-s-national-debt-surpasses-30-trillion-what-this-means-for-you/#:

*US national debt is 30 trillion dollars as of feb 1, 2022. It was 23.3 trillion in 2020.

How Could the National Debt Impact Consumers?

Congress is responsible for ensuring the government stays funded, but you might still be curious about the national debt and how it relates to the federal deficit.

Here are six ways the rising national debt could potentially impact Americans.

1. Higher Interest Rates

When the government needs to borrow more, they’ll need to increase yields on Treasury bills, I Bonds and other fixed-income instruments to make those investments attractive to investors. And while this can translate into higher yields on savings accounts, it also means higher mortgage rates, making the housing market unaffordable to some Americans. Consumers will likely pay more in interest on their credit cards and other loans as well, since those interest rates rise when the Fed raises interest rates, too.

2. Higher Product Prices

While America’s grappling with paying more at the grocery store, the national debt at current levels could cause inflationary trends to continue.

Increased Treasury yields could make American businesses appear to be riskier investments abroad, which could force companies to raise yields on new bonds to make them attractive investments. The more companies have to pay to keep their debts in good standing, the more pressure to increase product prices. Higher product prices mean higher revenues, which is how companies can pay their debt obligations.