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A comment on Hyperinflation Pushes Venezuela to Print 1M-Bolivar Bills. Parent comment

Re:Hyperinflation Pushes Venezuela to Print 1M-Bolivar Bills by 300bps on Saturday March 06, 2021 @11:57AM (#26368698)
Reserve currency status has also helped us out tremendously despite being $28 trillion in debt (and growing rapidly).
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Re:Hyperinflation Pushes Venezuela to Print 1M-Bolivar Bills by JumpCrisscross on Saturday March 06, 2021 @11:59AM (#26368727)
Maybe, maybe not. Reserve currency status keeps borrowing rates low. But it also forces a current account deficit. How those balance with respect to domestic money supply is complicated, and not necessarily one sided. Plenty of economists recommend abandoning reserve currency status to balance our monetary policy.
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Re:Hyperinflation Pushes Venezuela to Print 1M-Bolivar Bills by chii on Tuesday March 09, 2021 @04:13AM (#26396870)
> also forces a current account deficit.

which i haven't understood to have any real negative side effects so far. Why is it a bad thing?

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