Even MAGA’s may wonder

Thomas Edison famously said:

“It is absurd to say our country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer, and the other helps the people.”

This quote reflects his critique of the financial system, emphasizing that issuing currency directly benefits the public, while issuing bonds primarily enriches the wealthy.

A Monetarily Sovereign nation’s economic health relies on the central government’s running deficits- large deficits- to pump growth dollars into the private sector.

The U.S. government does not need to borrow and, indeed, does not borrow.