2 ms·
I’d like the next person and all the people following who veto an idea because of national debt to be forced to provide a thing which one dollar of debt keeps t
by ianai 7y ago
I’d like the next person and all the people following who veto an idea because of national debt to be forced to provide a thing which one dollar of debt keeps the US government from doing. They need to provide 23T worth of effects in the economy that are positive from paying 23T in USD debt off.
- ianai 7y agoIf I own 1000$ in US treasury bonds then I will make some return (like 3%) after it vests some time from now. But if the US government tracts me down and pays me the principle of 1000$ ahead of schedule then I have lost the scheduled rate of return. It’s a harm to me and in aggregate a harm to social wealth growth.