shit okay I was wrong about the primary/secondary market thing. Turns out there's quite a few countries who do things differently from what I said. I'll edit my comment, thanks.
The reason I had a little hissy fit at your comment last night is that you absolutely did say some things that are wrong.
Yes, there is not a direct correlation between money printing and inflation
I'm glad we agree on this now but your previous comment was in direct opposition to this.
The other issue is that you still implied that the US would run out of people who buy their bonds, which just doesn't make sense. Just like how European banks can use bonds as collateral at the ECB, US banks can use the Standing Repo Facility to ensure they remain just as liquid after buying bonds. This doesn't protect from a scenario where the bond markets break down so bad that nobody, not even those banks, wants to buy bonds anymore, but that scenario is frankly ridiculous. In a world where even US banks (who don't exist without the US) think the entire US state will fail, the funding for said failed state is the last problem on the list lol
I agree that what the US does both with spending and taxes is pretty bad. But I have to push back when you say that the problem is the deficit itself, cuz it ain't