3 ms·
> we can avoid default by printing more money isnt "printing" usually done through issuing bonds? do those increase inflation?
by andrekandre 4y ago
> we can avoid default by printing more money
isnt "printing" usually done through issuing bonds?
do those increase inflation?
- peepeepoopoo3 4y agoThe treasury takes on debt when it issues bonds, but the Federal Reserve expands the money supply when it buys those bonds. It's a two-step process.