Right, but those are fed reserve dollars. It would destroy the fed dollars. The treasury can print up notes and coinage as legal tender though

Normally paying off the debt this way would cause massive deflation, but so would not paying it off(as interest expenses grow larger than the economy) But paying off the debt 1 to 1 with treasury issued notes, off of negative refinanced interest, would keep the same monetary base and extinguish the Fed, and probably leave the government with money left over

Right, but those are fed reserve dollars. It would destroy the fed dollars. The treasury can print up notes and coinage as legal tender though

Normally paying off the debt this way would cause massive deflation, but so would not paying it off(as interest expenses grow larger than the economy) But paying off the debt 1 to 1 with treasury notes, off of negative refinanced interest, would keep the same monetary base and extinguish the Fed, and probably leave the government with money left over

Right, but those are fed reserve dollars. It would destroy the fed dollars. The treasury can print up notes and coinage as legal tender though

Normally paying off the debt this way would cause massive deflation, but so would not paying it off(as interest expenses grow larger than the economy) But paying off the debt 1 to 1 with treasury notes, off of negative refinanced interest, would keep the same monetary base and extinguish the Fed, and probably leave the government with money left over

Right, but those are fed reserve dollars. It would destroy the fed dollars. The treasury can print up notes and coinage as legal tender though

Normally paying off the debt this way would cause massive deflation, but so would not paying it off(as interest expenses grow larger than the economy) But paying off the debt 1 to 1 with treasury notes, off of negative interest refinanced, would keep the same monetary base and extinguish the Fed, and probably leave the government with money left over

Right, but those are fed reserve dollars. It would destroy the fed dollars. The treasury can print up notes and coinage as legal tender though

Normally paying off the debt this way would cause massive deflation, but so would not paying it off(as interest expenses grow larger than the economy) But paying off the debt 1 to 1 with treasury notes would keep the same monetary base and extinguish the Fed

Right, but those are fed reserve dollars. It would destroy the fed dollars. The treasury can print up notes and coinage as legal tender.

Normally paying off the debt this way would cause massive deflation, but so would not paying it off(as interest expenses grow larger than the economy) But paying off the debt 1 to 1 with treasury notes would keep the same monetary base and extinguish the Fed

Right, but those are fed reserve dollars. It would destroy the fed dollars. The treasury can print up notes and coinage as legal tender.