3 ms·

So why do we repay the debt at all?

• tantalor 5y ago
  It matures, e.g. 10 year treasury note has to be paid off in 10 years
  • BiteCode_dev 5y ago
    That's like saying we must pay them because we said we will pay them, which is the definition of debt. My question is more, that given your comment and others suggest it will never been paid completely, why then pay at all? What's the threshold for "we pay this, but not that"?
    • tantalor 5y ago
      Because we need investors to buy more treasury notes, and they will only do that if they are always paid.
      • BiteCode_dev 5y ago
        So we do need to repay the debt, but you (and others) said we won't pay part of it. So what's the deal?
        • tantalor 5y ago
          We will pay all of it! Just not all at once.