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prplfsh • today at 3:51 PM • 2 replies • view on HN

The US is in debt to itself, in a currency it can print. What could go wrong?


Replies

Havoc • today at 4:14 PM

If you print you cause more inflation and all the debt you need to renew requires higher yield to shift. So in practice printing yourself out of trouble is in itself a cause of trouble

tdhz77 • today at 3:54 PM

It doesn’t just print money. It raises money or backs it by assets. It amazes me that people have no understanding of basic economics, or what qualitative easing is. Study the 2008 financial crisis to understand the power of modern monetary theory.

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