> Inflation is just a bidding war over scarce resources https://theworkbench.jeffspross.com/p/the-national-debt-can-never-become-ac8
The National Debt Can Never Become Too Big: Hyperinflation

On flows versus stocks, government deficits versus government debt, and why "too much" federal borrowing will never lead to a hyperinflation crisis.

The Workbench