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this post was submitted on 27 Jan 2024
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You clearly haven't educated yourself on the economic factors at play. The "richest" country in the world is rich in valuation, not monetary wealth.
There's a difference between having a bunch of products (and businesses) that are expensive and of high quality than having a bank full of money. (See fed balance sheet)
If you actually take some time out of your day from being condescending to people that actually educate themselves on these matters and look up the current situation with liquidity (i.e. money) in the banking system, you'll realize that the multiple bank failures in 2023 was a prelude to what's going to be happening in 2024-2025.
This is an issue happening all over the world and people continue to not educate themselves on macroeconomics and then have the audacity to comment on it in the exact same fashion you just did.