>>60899745
>Governments printing money to purchase their own debt gives be brain damage.
Debt death spiral. It's never before happened to a world reserve currency where much of the money, both physical currency and digital, is located OUTSIDE THE BORDERS of the country.
Americans are forced by law to use US Federal Reserve Notes. Everyone else is free to dump theirs as fast as they please. The earlier ones get the best deal. Race to the fire exits.
In other words, the Federal Reserve doesn't net to create any additional fiat for there to be a US dollar hyperinflation (run on dollars). Just a run on foreigners dumping rid of US fiat. Smart ones will go to the USA and buy shit like land, equities, etc. Others will buy gold, silver, bitcoin, commodities.