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Why doesn't the U S Mint print money to pay debts
An anonymous Treasury official explains that money supply must match economic activity to avoid inflation. Printing money without goods and services would spark inflation, and the Federal Reserve, not the Mint, controls currency. Historical failure in 1920s Germany is cited as caution.
MENTIONED IN THIS ARTICLE
U.S. Mint
U.S. Treasury Department
Washington, D.C
U.S
Federal Reserve System
Central Bank of the
United States
Fort Knox
West Point
N.Y
Treasury Department
Germany
Adolf Hitler