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I see this argument all the time and I don't understand how people don't see the flaw. The government can't just print dollars to service their debt without dev
by merpnderp 8y ago
I see this argument all the time and I don't understand how people don't see the flaw. The government can't just print dollars to service their debt without devaluing the dollar. If they devalue the dollar they'll make a lot of people upset and get their butts voted out of office. There is obviously some lee-way, but there is a tight upper limit on printing their way out of debt.