No, no, they're definitely correct. There's no hard limit on the amount of money created. Excess money creation just results in inflation.
More to the point: Congress is being profligate in other spending, and miserly w.r.t. science, so it does indeed look like the science cuts are not motivated by fiscal responsibility.
Your quip about "basic economic theory" doesn't really address the point they're making.
More to the point: Congress is being profligate in other spending, and miserly w.r.t. science, so it does indeed look like the science cuts are not motivated by fiscal responsibility.
Your quip about "basic economic theory" doesn't really address the point they're making.