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re: Putting the massive fiscal into perspective
Posted on 9/9/21 at 10:28 pm to RedStickBR
Posted on 9/9/21 at 10:28 pm to RedStickBR
quote:there has never been any interest in paying off the debt. The federal reserve and dollar currency only works if debt continues to build. There are many good youtube videos that explain this. the house of cards would collapse if we paid off the debt.
We will never pay off the debt.
2
Posted on 9/9/21 at 10:34 pm to arcalades
It also only works if you grow your gdp. Instead we are doing everything possible to hinder gdp while surging debt. Everyone loses in the end of this story.
This post was edited on 9/9/21 at 10:42 pm
Posted on 9/10/21 at 8:31 am to arcalades
quote:
the house of cards would collapse if we paid off the debt.
Jeez dude you don't even have to take it that far. Pull back spending and it collapses
Best part is that may happen in 2022
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