4 ms·
That's not how it works, but even if that was the case, if that debt was owned by the Federal Reserve, who get the interest of that money? and who is the owner
by RobertoG 7y ago
That's not how it works, but even if that was the case, if that debt was owned by the Federal Reserve, who get the interest of that money? and who is the owner of the debt?
- LatteLazy 7y agoIf you really want to get into the complexities of who holds US debt and what happens if some of it is cancelled or whether than can happen, that's a huge discussion taking weeks of work and requireing PhDs to answer. I'm just making quips about how much debt has been run up since 2008 and how little the US (or other nations that have followed the same policies) actually has to show for it compared to what it will take to pay it off...