Comment on How was the US national debt created? Does the US have problem paying it's bills? Who are we in debt to?

<- View Parent
GreenBeard@lemmy.ca ⁨5⁩ ⁨days⁩ ago

The amount of money being printed has almost nothing to do with inflation (ie. the dollar losing value). As long as it’s balanced and kept in tension by a relatively responsive interest rate, it doesn’t really do much. Big, sudden floods of cash one way or the other make a lot of disruption (like QE after the recession, or COVID checks), but that’s actually pretty rare.

You made a silly comment that sounds more like someone who listens to corpo media than someone who understands economics. How am I supposed to know what you do or don’t understand at that point?

source
Sort:hotnewtop