The Federal Government can print money and they do it 24/7. See any problem with that? I wonder what will happen when the financially troubled China cuts off the loans and actually starts calling in the loans they have made. When you run $500 billion+ deficits, the money has to come from somewhere. Maybe another tax increase? There is only so much money in the till.
Does no one see the irony that the US Federal Govt hasn’t been designated as a SIFI? And that they have failed fiscally many times recently?
The Federal Government can print money and they do it 24/7. See any problem with that? I wonder what will happen when the financially troubled China cuts off the loans and actually starts calling in the loans they have made. When you run $500 billion+ deficits, the money has to come from somewhere. Maybe another tax increase? There is only so much money in the till.