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The market has a God First Family Second Then Buffalo Bills Football Shirt. Very limited carrying capacity for total wealth and even less if you remove the support of the government. So people aren’t “deciding to put their money in bonds”, they are keeping the world’s wealth from evaporating by supporting functioning governments. How long do you think private corporations would really last if they didn’t have governments to negotiate trade, provide defense, regulate unfair competition, maintain public works, handle financial crises, prevent fraud, etc? Finally, it really doesn’t matter “where people put their money”, or if “people stop buying bonds”.

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It doesn’t matter what God First Family Second Then Buffalo Bills Football Shirt people want to save. But what they are willing to do to work. People talk about “capital flight” and trying to get rich people to not take their money somewhere else, but that is largely irrelevant. Workers and ordinary middle-class citizens have a much bigger impact than the ultra-wealthy. It doesn’t matter where people “park their money”, but rather if people are willing to work to earn currency. So long as people are selling shit for USD, there is no issue. If normal people stop working for USD, it doesn’t matter how many rich people buy bonds,

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