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re: Interest on the debt is 60% of the Amount taken in by the Treasury in February
Posted on 5/9/24 at 9:56 pm to GumboPot
Posted on 5/9/24 at 9:56 pm to GumboPot
We can just print it. We do that and then buy bonds back. That puts extra money in the system.
Money supply goes up. That means inflation goes up. More money chasing fewer goods.
Money supply goes up. That means inflation goes up. More money chasing fewer goods.
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