Because they expect that debt to be inflated away as the currency its denominated in goes to zero (and they know they'll get replenished with cash when they nee

Because they expect that debt to be inflated away as the currency its denominated in goes to zero (and they know they'll get replenished with cash when they need it via the Fed [1][2]). [1] https://www.federalreserve.gov/econres/notes/feds-notes/understanding-bank-deposit-growth-during-the-covid-19-pandemic-20220603.html https://www.federalreserve.gov/econres/notes/feds-notes/unde... [2] https://www.youtube.com/watch?v=n1xgQeCiu6k https://www.youtube.com/watch?v=n1xgQeCiu6k