Money is printed through loans in the modern economy, which means you need someone willing to hold trillions of ious. That’s not something that’s going to happen. It’s also not a long term solution since the government spends more than it makes every year, so borrowing would need to happen again immediately, which no one is going to do for similar rates after the money printing. This puts the government in the position of getting fucked even harder or starting the hyperinflation cycle as they print money again.
There hasn’t been a single country that’s successfully printed their way out of this problem. The best case is probably Japan like and the US has 20-30 years of stagnation or gradual decline. The worst case is probably Weimar Germany.
Money is printed through loans in the modern economy, which means you need someone willing to hold trillions of ious. That’s not something that’s going to happen. It’s also not a long term solution since the government spends more than it makes every year, so borrowing would need to happen again immediately, which no one is going to do for similar rates after the money printing. This puts the government in the position of getting fucked even harder or starting the hyperinflation cycle as they print money again.
There hasn’t been a single country that’s successfully printed their way out of this problem. The best case is probably Japan like and the US has 20-30 years of stagnation or gradual decline. The worst case is probably Weimar Germany.