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>$10 trillion a year which doesn't really seem feasible. There's nothing infeasible about spending $10 trillion a year. The US can quite literally print and sp
by crdoconnor 11y ago
>$10 trillion a year which doesn't really seem feasible.
There's nothing infeasible about spending $10 trillion a year. The US can quite literally print and spend as much as it likes in dollar terms. The only limiting factor is inflation.
As soon as public spending starts causing ~> 12% inflation year on year you need to start worrying about "can the country afford this?". Not until then. The government certainly wasn't worrying about the total dollar number during the war or the last bank bailout.