The way the government 'prints money' is by issuing treasuries - give me $100 today and I'll give you $105 next year or whatever. The rates required to issue th

The way the government 'prints money' is by issuing treasuries - give me $100 today and I'll give you $105 next year or whatever. The rates required to issue those treasuries, and the publics acceptance of such, is going to be a reflection of the perceived strength of your economy. US 30 year rates, which reflect long-term perceptions on the strength of an economy, are at highs not seen since the housing market crash. [1] When it becomes impossible for the government to print money without major consequences, it doesn't mean it's time to start cutting back on spending, rather at that point the entire economy would likely collapse in on itself in relatively short order. One can see economic issues coming from far away, but when they strike - the final collapse is often lightning quick. Again, see the housing market crash for an obvious example of such. There's also some interesting parallels and lessons one can take away from the Mexican peso crash, which was largely about 'creditors' losing faith in a currency. [2] [1] - https://tradingeconomics.com/usgg30y:ind https://tradingeconomics.com/usgg30y:ind [2] - https://en.wikipedia.org/wiki/Mexican_peso_crisis https://en.wikipedia.org/wiki/Mexican_peso_crisis