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re: How do we start over with no national debt?

Posted on 10/5/23 at 12:45 pm to
Posted by Big Scrub TX
Member since Dec 2013
33733 posts
Posted on 10/5/23 at 12:45 pm to
quote:

The most obvious is to never pay back. Second option would be to over inflate money supply, think a 100.00 for a loaf of bread. They would pay yesterday’s money back in useless money. They of course would need to reign in the money they over inflated to bring down the price of that loaf of bread scenario but probably fail, cause massive deaths around the world along with war. Third option is tho make government debt go away causing collapse of probably every country, banks, largest companies and have a third world world for awhile. This is the most likely scenario
Japan has tried none of these and has a much bigger debt and is still OK.
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