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Old 04-29-2021, 04:17 PM
 
Location: Arizona
6,137 posts, read 3,879,141 times
Reputation: 4900

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Venezuela has commodities worth 14 trillion dollars with a population of 28 million

United States has commoidities worth 45 trillion dollars with a population of 331 million

Russia commodities worth 75 trillion and a population of 144 million

Canada commodities worth 33 trillion with a population of 37 million

Saudi Arabia worth 34 trillion with a population of 34 million.

United States hillarous economy with it's service based, real-estate bubble based and fiat-money out of thin debt economy.

GDP per-capita would be much, much lower in home prices were at the historical average and the government and federal reserve didn't print out of thin air.

The United States has no choice but to generate out of thin fiat currency, because in reality it's a highly populated country with very few commodites reserves per-capita and a majority of those reserves are in a dozen or so Republican states.

https://www.investopedia.com/article...-resources.asp
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