That’s wrong, first of all it’s the central bank that controls money supply, which is independent from the government. In addition, even if the government could magically create all the money it needs to pay its debt, without borrowing more, it would completely devalue the dollar.
That’s wrong, first of all it’s the central bank that controls money supply, which is independent from the government. In addition, even if the government could magically create all the money it needs to pay its debt, without borrowing more, it would completely devalue the dollar.