It's an interesting point, but "US govt can create money out of thin air either via congress approval or fed interest rate" has spectacular knock-on effects tha

It's an interesting point, but "US govt can create money out of thin air either via congress approval or fed interest rate" has spectacular knock-on effects that you'd need to wilfully ignore. I recommend David Graeber's `Debt: The First 5,000 Years` for some good reading on the subject.