- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Interest on the debt is 60% of the Amount taken in by the Treasury in February
Posted on 5/9/24 at 9:57 pm to gmac8604
Posted on 5/9/24 at 9:57 pm to gmac8604
quote:
How exactly do we have debt when we print our own currency?
Because even the act of printing fiat currency must be secured by credit.
Best visualized by Exeter’s Pyramid:
![](https://www.gold-eagle.com/sites/default/files/images2020/jn050924-2.png)
Gold sits at the bottom, ultimately “backing” all forms of credit resting on top of it …. and providing trust to the financial system.
Popular
Back to top
![logo](https://images.tigerdroppings.com/images/layout/TDIcon.jpg)