In the US currently, the state can borrow, not print, as much as the Fed will purchase, which seems to be unlimited amounts at the moment. Not sure what happens

In the US currently, the state can borrow, not print, as much as the Fed will purchase, which seems to be unlimited amounts at the moment. Not sure what happens if we get worse inflation and the Fed wants to combat it by raising interest rates. US debt payments will balloon to be a huge part of the budget, which will necessitate borrowing more money. This isn't some bullion-based monarchy where you can just debase the silver currency with some copper to deal with your monetary problems.