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pjmorris02/20/20252 repliesview on HN

Government debt is a result of government spending into the real economy. It is where we get the taxpayer dollars that we spend, some of which go back to the government itself. A government without debt is also an economy without money.

Governments with central banks can mismanage their currency, but they can't run out of it.


Replies

seanw44402/20/2025

They won't run out of currency, but the people that use it will run out of faith.

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