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Do you have a source to back up that claim?

• spywaregorilla 4y ago
  China has a bit less than a trillion dollars in US debt, down about $100B over the past year and expected to shrink. If the US can't source a trillion dollars something has gone very wrong.
  • angrycontrarian 4y ago
    Where's the citation that printing away the debt won't cause inflation? I can't find it in your post.
    • spywaregorilla 4y ago
      I'm asking you to use your brain and critical reasoning skills buddy. Also > won't cause inflation won't cause HYPERinflation
      • angrycontrarian 4y ago
        Extraordinary claims require extraordinary evidence. The claim that printing away 127% debt-to-GDP won't lead to hyperinflation is very extraordinary, and yet you still haven't posted evidence from an authoritative source.
        • spywaregorilla 4y ago
          > The claim that printing away 127% debt-to-GDP won't lead to hyperinflation is very extraordinary That's not the claim. Government bonds are like 30 years, so it's not 127% of the GDP all at once. Second, the context was not all debt everywhere, it was Chinese held debt, which is at about 5% of GDP, without spreading it across the duration of the bonds. > you still haven't posted evidence from an authoritative source. https://www.theonion.com/fed-raises-interest-rates-in-effort-to-hey-pay-attenti-1849072556 https://www.theonion.com/fed-raises-interest-rates-in-effort...
          • angrycontrarian 4y ago
            If you don't have an authoritative source, then you're spreading misinformation.
            • spywaregorilla 4y ago
              Can you cite a source for that claim? Because it sounds false. I suspect you may be the one spreading misinformation?