When I work with countries struggling to pay for budgets or finance trade deficits, I reflect on how Americans do not spend a moment considering the unique advantages of being able to issue bonds and print money freely.
I heard a quote once in a documentary about a band that said you're better off owning everything 100 percent and selling 20,000 copies of an album than signing with a record company and selling a million copies. There has never been a truer statement about show business than that.