No one knows how much the government can borrow
> Remember that some people thought that government borrowing ... facilitated by quantitative easing (Fed bond-buying) ... was going to lead to substantial inflation. But it didn’t.Every time someone says "but where's the inflation" I sigh.  Look at literally any financial asset, SP500, stocks, real estate, even bond values (the inverse of interest rates).  There is your inflation.Maybe we like asset inflation, maybe we don't, but that's where it is.  When the author claimed to be unable to find it, I stopped reading.