IOUs to Inflation: The Realistic Limits of Magic Money Theory

IOUs to Inflation: The Realistic Limits of Magic Money Theory

Despite what Modern Monetary Theorists and other Fed fantasists would have you believe, we can't print our way out of debt. Deficits will meet reality.

‘Severe Devaluation’ of Dollar Only Way Out for US Government Debt As Argentina-Style Inflation Approaches: Luke Gromen - The Daily Hodl

Macro strategist Luke Gromen is warning that the skyrocketing US national debt may cause the dollar to plummet in value. In a new YouTube update, Gromen says that the US will likely address its growing $36 trillion national debt by printing more money, which debases the dollar, rather than allowing Treasury yields to soar to try and attract investors. “Now the credit risk is at the Treasury market level, except Treasuries have no credit risk. Th…

‘Severe Devaluation’ of Dollar Only Way Out for US Government Debt As Argentina-Style Inflation Approaches: Luke Gromen

Macro strategist Luke Gromen is warning that the skyrocketing US national debt may cause the dollar to plummet in value. In a new YouTube update, Gromen says that the US will likely address its growing $36 trillion national debt by printing more money, which debases the dollar, rather than allowing Treasury yields to soar to... The post ‘Severe Devaluation’ of Dollar Only Way Out for US Government Debt As Argentina-Style Inflation Approaches: Lu…