It Is Time To Remove The Debt Barrier To Economic Growth

Paul Craig Roberts- The US economy has been financialized. Debt has been built up without a corresponding gain in productive capital investment in order to carry the mounting debt.

Michael Hudson and Paul Craig Roberts

Out of habit, American economists worry about federal debt. But federal debt can be redeemed by the Federal Reserve printing the money with which to retire the bonds.  The debt problem rests with individuals, companies, and state and local governments.  They have no printing press. 

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https://thealtworld.com/paul_craig_roberts/it-is-time-to-remove-the-debt-barrier-to-economic-growth