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reviewbarn t1_iyd6exp wrote

Reply to comment by Lithuim in ELI5 If money can come out of nowhere, can't it pop into somewhere? by TheKrillers

Your first paragraph is accurate. The government can print money indefinitely with a forever balance of benefits/problems.

Your second paragraph is quasi accurate. Overprinting money is ONE way inflation can happen, but not the only one. And more importantly, it is NOT the cause of the current GLOBAL inflation, nor is it relevant to the OP's question.

He asked specifically how two programs were paid for, and neither were paid for in the manner you suggest here.

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throwawaydanc3rrr t1_iydp5i8 wrote

If the $2T in stimulus was not paid for with taxes and debt, please enlighten me, how was it paid for?

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reviewbarn t1_iydvffy wrote

What are you asking? It WAS paid for with taxes and debt. It WAS NOT paid for by printing more money as the post I responded to suggested.

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