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Don't forget social security trust fund is only allowed to invest in treasury bonds. That's $3,000,000,000,000 (trillion) of the debt right there. Then there'
by mywittyname 4y ago
Don't forget social security trust fund is only allowed to invest in treasury bonds. That's $3,000,000,000,000 (trillion) of the debt right there.
Then there's the fact that the Treasury is the only place where it's possible to deposit something like a billion dollars. So the Treasury acts as a bank for companies with large cash reserves.
The country can never eliminate its debt. And the country wouldn't want to anyway.