[chickenpotpie]

That’s not how the national debt works at all. Who do you think the debt is owed to?

[mpoteat]

I think the idea is that if we continue to print money, the dollar will eventually collapse as the world's reserve currency, and nations will use the yuan or euro instead - having a material effect on American persons life outcomes.

I know increased national debt doesn't directly imply money printing, just throwing some thoughts out there.

[monkeydreams]

> I think the idea is that if we continue to print money, the dollar will eventually collapse as the world's reserve currency, and nations will use the yuan or euro instead - having a material effect on American persons life outcomes.

So, if poor people are given "Free" money to express a demand for goods and services they currently possess but do not have the funds to express, how does this lead to inflation - more specifically how does this lead to fruitless inflation?

[bobthepanda]

The Euro is definitely not well managed compared to the dollar; how many cycles of supposed bank stress tests followed by bank failures have we seen?

China more or less has decided that it would rather choose the ability to impose strict capital controls at will than have a reserve currency.