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@GhostOnTheHalfShell @Npars01 @Crispius @GottaLaff
That may be technically correct, but irrelevant for two reasons.

1) While the gov can magically create money, it pays real money when it buys goods/services or pays wages. Of course, gov could simply print more money, but doing that too much/too fast causes an inflationary spiral.

2) The gov has chosen to legislate a debt cap, essentially shackling itself to the income + approved debt ceiling.