Its not just the US. Over here as well. In some years, in Germany a constitutional "debt brake" will come into effect. But not only do they already now plan how to erode that, but before that time arrives they increase debts and spend like crazy. Last year Germany had the highest tax income ever in its history. But what happened? More debts than ever before were added to the existing ones. Spending like crazy.
ECB now considers negative interest rates.
Their attempts to prevent deflation compares to taking drugs against raised temperature in case of a flu with mild fever - since these drugs help to reduce the temperature, they prevent the body from battling the infection,a dn so the illness takes longer to cure. The desire to create artificial inflation, compares to intentionally infecting the body with new bugs.
All natural mechanisms of the markets to correct the distortions implemented by economy planners, get prevented. Planned economy. One just has to love it. Not a compliment for me, but many years ago I even fell myself for it. Thankfully, I came to my senses again before needing to die as a total idiot.