This capability to borrow greatly without facing a big balance of payments crisis has become called the United States's exorbitant privilege. M0 money, or Financial Base – "dollars" in currency and bank money balances credited on the central bank's depositors, which are backed because of the central bank's assets, https://financefeeds.com/nasdaq-proposes-adding-xrp-and-solana-to-copyright-index-amid-regulatory-shifts/