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The US has a National Debt that exceeds $27 trillion and a budget deficit that is well over a trillion dollars. If US decides to
The US has a National Debt that exceeds $27 trillion and a budget deficit that is well over a trillion dollars. If US decides to cover the budget deficit through money creation (which leads to inflation and dollar depreciation), what are the impacts on
A) Domestic firms that use 100% domestic content and export their products,
B) Domestic firms that use less than 100% domestic content that sell exclusively in the US, and
C) The consumers who buy goods that have less than 100% domestic content?
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