Thank you, I appreciate it.
Regarding this point:
The US treasury could print there own currency notes
How is that different than inflation?
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Thank you, I appreciate it.
Regarding this point:
The US treasury could print there own currency notes
How is that different than inflation?
It's not inflationary because it go into the Fed and cancels the debt, not into the economy. It will be inflationary when they spend it into the economy but at lest there is now interest attached, so there is no need for tax either.Cheers