Basic Economics: Unused debt capacity is an economic drag. The only reason to le

Basic Economics: Unused debt capacity is an economic drag. The only reason to leave debt capacity unused is risk mitigation. The USA has little risk to mitigate. RU intentionally limited debt and increased reserves so it could take on political, economic and strategic risk.

US Debt capacity is far higher than the 31.5T and is mostly owed internally. As such carries little risk. In addition, the dollar is so valuable on world markets compared to all other currencies – because we actually have rule of law here – that we have the capacity to inflate that debt with ease.

I don’t get ‘scared’. 😉

Reply addressees: @AMG26 @RayJPolitics1