So the author is right on most thing. Money is only destroyed when debt is repaid or taxes are collected, so it is printing money. He might not be right in his

So the author is right on most thing. Money is only destroyed when debt is repaid or taxes are collected, so it is printing money. He might not be right in his chapter on inflation (but he correctly put caveats, inflation is probably one of the most complex economic happening and our current models feel a lot like Ptolemy geocentric model). The chapter following that is wrong imho. He put caveats but read like it will hurt the poorest. It won't, not in the US at this moment. Not everything is fungible. (I'm on a phone, sorry for not developing my thoughts)