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Wasn’t trying to dick measure nvda vs fed. More thinking thru guarantees vs assets for the two institutions
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> guarantees vs assets for the two institutions

The Fed can never default on any dollar-denominated debt. There is no similar currency that Nvidia can create ad infinitum.

That said, the number I think you're looking for in respect of the Fed is $30 to 40 trillion. It's about U.S. GDP. And it's also about U.S. bank and money-market assets plus the Fed's balance sheet. If every American bank failed, this could be the amount of money the Fed would have to create.

That said, Treasury running out and e.g. defending the euro-yen could easily increase that cross section in practice.

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> There is no similar currency that Nvidia can create ad infinitum.

It can create obligations to provide future GPUs in return for present money.

Yes at some point people might start to question, but what are the true hard limits there, especially once SPVs and such start to get involved to shuffle things off the books?

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> what are the true hard limits there

None. But IOUs don't have the power of demand to pay taxes.

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