More like 21st Century WWIII........we don’t HAVE A TRILLION!!!! Oh, they are going to print some money and give it to them? Baawwaaahhhhhhhh!!!
There is no more “print money”. The Federal Reserve just declares it, buys Treasury Bonds with it, and the government says “hey look, we’ve got another trillion to give our pals!”
It’s just a “+$1,000,000,000,000” entry in the Fed’s ledger. No printing involved. The amount is tracked and verified by the loan process.
Welcome to our new virtual currency.