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So the simple narrative that the US is printing money to fund all these stimulus packages is false? Just trying to understand why this isn't debunked more if th

by Kiro 5y ago

So the simple narrative that the US is printing money to fund all these stimulus packages is false? Just trying to understand why this isn't debunked more if that's the case.

chii 5y ago
> So the simple narrative that the US is printing money to fund all these stimulus packages is false? yes, it is false. The funding for these packages are done via lending - the US gov't borrows using treasury bonds, which is sold to whoever that wants to buy it (via banks as intermediaries).
james1071 5y ago
It is exactly what is happening.