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Comment by dlp211

Except we don't just print money and give it away. The money is borrowed (backed by some asset), and this distinction matters. IOW, the money that gets printed is (generally) non-inflationary.

Stop using what you learned in your Econ 1XX level courses to try and reason about government spending and money operations, especially, US government spending and money operations. What you learned is not applicable.

parent dlp211 5 years ago

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