Comments by "dlukton" (@dlukton) on "The Biggest Lie About Debt Exposed: Why U.S. Can Never Go Broke | Warren Mosler" video.

  1. The Fed controls the Fed funds rate; and if they wanted to buy government debt on a large scale, they could put downward pressure on long-term interest rates.
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  2. The issue concerns the debt service cost as a percentage of federal tax receipts... and what happens as that ratio goes higher and higher; in particular, what happens to inflation as the (above) ratio increases, and what happens to economic growth?
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