Hypothetically why couldn't a third world country just do what the united states fed does. Print a bunch of money out of thin air loan it to banks, loan it to businesses and have hypergrowth and debt and go from there?

I look at the united states and that is what it is. Obviously the USD is king globally and the petrodollar. I look at third world countries and wonder why hypothetically they couldn't do this. I understand realistically why but I am more so asking is this all just a bunch of bull shit. If a third world country needs more businesses to have a better economy would it not work to just print money and create debt?

Submitted September 17, 2020 at 04:51AM by foremancarson https://ift.tt/2ZKCNYg