“Its still debt and has to be financed.
No its not. These new dollars are equity not debt. They are issued at zero percent interest and carry no debt. They will go into circulation to pay off old debt dollars. The old debt dollars will be retired from circulation so the new dollars do not create inflation either.
Look for Trump to keep bringing more and more of these stimulus packages forward because he is planning a debt equity swap that will hopefully wipe out our national debt before he leaves office.
They will be Treasury notes and bills. They'll have to be paid off eventually.
Look for Trump to keep bringing more and more of these stimulus packages forward because he is planning a debt equity swap that will hopefully wipe out our national debt before he leaves office
Impossible.