3 ms·
That's because the US national debt is indeed not like household debt. As a household, I can't choose to print more GlibMonkeyDeathBucks and hand them out to se
by GlibMonkeyDeath 1mo ago
That's because the US national debt is indeed not like household debt. As a household, I can't choose to print more GlibMonkeyDeathBucks and hand them out to service my debts. I also don't have my own standing army to defend from creditors who might try to seize my hard assets.
Yes, printing money is inflationary.