As for the government (federal government, at least), they're a different story. They're the entity which creates the money in the first place, so they are not revenue constrained. Imagine a household which can create its own money, and get people to accept it, and you get the picture.
Wake up, Oily. The Federal government does not create its own money. The Federal Reserve does, at interest.
Forbes: Does the Fed Create Money?
Not only do the Fed’s monetary additions increase the money supply, but the effect can be vastly multiplied through the fractional reserve system.
Also, the process of creating bank reserves always first involves the purchase of an asset by the central bank. The Fed issues electronic credits to banks in exchange for bank assets, including Treasuries. Its purchases drive up the demand for those assets, bringing about rising prices. In fact, Bernanke has clearly stated that the purpose of his “quantitative easing” program is to raise the rate of inflation, which in his mind is too low.
The US government does not create money, the Fed does, and the commercial banks create up to 100 times more.
Obviously, your cornucopia is fantasy based, not fact based.