So the simple narrative that the US is printing money to fund all these stimulus packages is false? Just trying to understand why this isn't debunked more if that's the case.
> So the simple narrative that the US is printing money to fund all these stimulus packages is false?
yes, it is false. The funding for these packages are done via lending - the US gov't borrows using treasury bonds, which is sold to whoever that wants to buy it (via banks as intermediaries).
