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If the debt gets too big, the bond vigilantes will stop buying
If the government creates more money, it will be worth less
If the government creates more money, it will cause inflation
Our grandchildren will have to pay off the national debt
The federal government can run out of money
The federal government must tax or borrow before it can spend
The government must live within its means
Understanding Money
What about Venezuela? Zimbabwe? Greece? Weimar Germany?

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Deficit? Schmeficit!

Deficit? Schmeficit!

Leave a Comment / economics / By Tom Olin / June 9, 2020

Stephanie Kelton isn’t worried in the least about trillion-dollar deficits. Nor should she be.

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