Really enjoyed this podcast tonight. One of the panelists hit the nail on the head:  We are printing money to service existing debt and then paying interest on that existing debt. It is the definition of a Ponzi scheme. 

https://open.spotify.com/episode/0gjP6FyzuVIptqpYRye2cR?si=nhllt3pNTpCi10UtqEIqww