You know something funny? Remember all the controversy about the US Treasury minting a $1 Trillion coin?
Well now the situation is so bad, that if they did that, it would have virtually no effect 🤣. It would “fund” the deficit for like 3 months and then they’d have to do it again.
The people who think the govt is the solution to anything baffle me.
They have to at least print $1T/year to service the $33T debt
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Make that around 5x in the next two years; there's a lot of TSY paper coming due in 2024 and 2025.