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by OkayPhysicist 234 days ago
Not even someone else's! A significant amount of the national debt is owed to themselves.

At the end of the day, in the world of fiat currency, taxes and spending are not intrinsically linked. They're mediated by public perception of the value of the currency, which can be sensitive to unexpected speed ups of the money printers, but is frankly unaffected by the normal rate.