You're not wrong, but exorbitant deficit spending has its own dire consequences. (eventually) Not that I am telling you anything you don't already know.
What if we just inflate away the debt? Sure, ppl will hate dealing with very high inflation for a few years, and pensioners and whoever buys those trillions of debt will get screwed, but besides that we should be ok?
What if we just inflate away the debt? Sure, ppl will hate dealing with very high inflation for a few years, and pensioners and whoever buys those trillions of debt will get screwed, but besides that we should be ok?
/s