Analysis of Credit Card Effects in US Economy——Origin of US Capital Flow in Virtual Economy Perspective
TIAN Da-yu (School of Humanities and Social Science, BUAA, Beijing 100191, China)
The U.S. economy is attracting a lot of capital while facing massive debt and deficits. After the Bretton Woods system and Reagan’s administration, United States get the leadership of virtual economy by displaying its national power. As the largest credit card in world economy, it imports physical products and capital by exporting its faith and credit, promoting virtuous circle of consumption and investment.
【CateGory Index】： F171.2