But you know we can just print money to infinity without problem:
Inflation is just warming up, but by late spring it could get downright hot, even if just temporarily.
Higher taxes are likely too. Many states are starting to discuss increases in taxes, and the Democratic majority in the Federal government is discussing numerous tax hikes and new taxes too. I’m so old, I remember a year ago when they said that thanks to Modern Monetary Theory we can just print what ever we need without worry.