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Might as well remove the ceiling on the debt because I don't think it will ever be paid down. Inflate away and enjoy it while it lasts because when the bubble
by mikece 3y ago
Might as well remove the ceiling on the debt because I don't think it will ever be paid down. Inflate away and enjoy it while it lasts because when the bubble pops it will be worse than any other deflationary event in history because never has the largest GDP nation defaulted and crashed before... and the US will take everyone down with them when they crash.
- deleted 3y ago[deleted]
- landemva 3y ago> I don't think it will ever be paid down. Governments worldwide have debt payment problems. EU countries are starting to raise retirement age because they can't pay the promised pensions. They need a great reset and war will be an excuse. At least USA controls it's currency and can simply coin money.
- chii 3y ago> can simply coin money for some meaning of "can". Just like Zimbabwe or Venezuela "can" print themselves out of a problem.