> This is exactly what happens when the government expand the money supply to repay debt. It send out social security checks, pay workers, and buys goods. This

> This is exactly what happens when the government expand the money supply to repay debt. It send out social security checks, pay workers, and buys goods. This puts money directly in the hands of consumers. Not really, because most government debt isn't consumer debt. US isn't increasing money supply to pay for social security or to pay workers. It's increasing things like military contracts for large corporations. > You even agreed we are talking about an increase in the money in circulation. Are you walking that back and saying that money in circulation doesn't give consumers more money? The creditor of Government debt Is citizen consumers with benefit obligations. I'm not walking anything back. I'm saying that the currency that's being created isn't going to the hands of regular people. This is obvious from the fact that majority of the working population can't even afford to live on the salaries they make forcing them to take on debt to buy essentials https://finance.yahoo.com/news/jaw-dropping-stats-state-credit-130022967.html https://finance.yahoo.com/news/jaw-dropping-stats-state-cred... > What about Venezuela? Consumers don't have more currency there either? Venezuela is under a brutal blockade by the US, and that's the actual source of most of the problems there.