Re:Evergrande teeters on edge of default as $148M payment fa...
by legulere on Thursday November 11, 2021 @05:43AM
(#29186553)
> So if USD goes up, tax collection go up
Currencies going up usually leads to a reduction of exports which subsequently leads to an economic downturn, which leads to less taxes.
Apart from that, mass sell offs of government debt leads to increasing interest rates. You can buy that off with quantitative easing but probably that has limits too.
Currencies going up usually leads to a reduction of exports which subsequently leads to an economic downturn, which leads to less taxes.
Apart from that, mass sell offs of government debt leads to increasing interest rates. You can buy that off with quantitative easing but probably that has limits too.