Private sector debt can comfortably be discharged in bankruptcy and new things can grow - creative destruction. Public sector debt in your own currency is all

Private sector debt can comfortably be discharged in bankruptcy and new things can grow - creative destruction. Public sector debt in your own currency is all right, it's not like you can ever run out of money - print more of it. Inflation? Eh, maybe in certain sectors but it's not like income is rising, nor is labor participation rates.