> "Voila, we'd have bought ourselves the equivalent of a trillion-dollar increase in the debt limit, without any impact on inflation," says Diehl. > without an

> "Voila, we'd have bought ourselves the equivalent of a trillion-dollar increase in the debt limit, without any impact on inflation," says Diehl. > without any impact on inflation This strikes me as absurd. Putting it on the other side of the balance sheet doesn't change its impact on the overall economy.