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Comment by angrycontrarian | Hacker News Reader

Do you have a source to back up that claim?

China has a bit less than a trillion dollars in US debt, down about $100B over the past year and expected to shrink. If the US can't source a trillion dollars something has gone very wrong.

Where's the citation that printing away the debt won't cause inflation? I can't find it in your post.

I'm asking you to use your brain and critical reasoning skills buddy.

Also

> won't cause inflation

won't cause HYPERinflation

Extraordinary claims require extraordinary evidence. The claim that printing away 127% debt-to-GDP won't lead to hyperinflation is very extraordinary, and yet you still haven't posted evidence from an authoritative source.

> The claim that printing away 127% debt-to-GDP won't lead to hyperinflation is very extraordinary

That's not the claim. Government bonds are like 30 years, so it's not 127% of the GDP all at once. Second, the context was not all debt everywhere, it was Chinese held debt, which is at about 5% of GDP, without spreading it across the duration of the bonds.

> you still haven't posted evidence from an authoritative source.

https://www.theonion.com/fed-raises-interest-rates-in-effort...

If you don't have an authoritative source, then you're spreading misinformation.

Can you cite a source for that claim? Because it sounds false. I suspect you may be the one spreading misinformation?

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