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JamesBarney parent
Imagine the government printed 4.44 trillion dollars and passed twice the total covid stimulus every year. We'd either have massive inflation or the fed would need to jack up interest rates to the 20-40%. Economies don't do well with exploding inflation or sky high interest rates.

jl2718
I would have thought so too. Then I looked at the data.

In the first 11 months of 2023, the treasury ‘printed’ $22.7 Trillion. Tax revenue is about 10% of cash flow.

https://www.sifma.org/resources/research/us-treasury-securit...

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